Question: 3.) Use the following project cost control curve to determine project status by applying the Earned Value method. (15) BCAC = $10M Cost BCWS =

3.) Use the following project cost control curve

3.) Use the following project cost control curve to determine project status by applying the Earned Value method. (15) BCAC = $10M Cost BCWS = $5M ACWP = $4.5M Time A. The project is reported to be 45 % complete at the date indicated on the project cost control curve. Determine the Cost Variance (CV) and Cost Performance Index (CPI). (5) CV= CPI = Determine Schedule Variance (SV) and Schedule Performance Index (SPI) (5) SV= SPI = The project is over/under/on budget and behind/ahead/on schedule. (Circle one each)

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