Question: A Project has adopted Earned Value Method for the management of cost. The forecasted duration of the Project is 10 months and the following cumulative
A Project has adopted Earned Value Method for the management of cost. The forecasted duration of the Project is 10 months and the following cumulative planned value (PV) of project cost are available:
| End of Month | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| Cumulative PV (000)/Rs. | 100 | 200 | 300 | 400 | 500 | 600 | 700 | 800 | 900 | 1000 |
At end of Month 5 the actual cost of the project was Rs 575 000 and 55 % of the project was completed. Determine EV, CV, SV, CPI, SPI and EAC for this project. Assume that for this project cost performance will not change in the future.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
