Question: A project proposal was made to construct a warehouse building for a sum of 75,000.00 USD. Total construction period forecasted was Three (03) moths commencing

A project proposal was made to construct a warehouse building for a sum of 75,000.00 USD. Total construction period forecasted was Three (03) moths commencing from 10th July 2021. Project manager has planned to complete 40% of the project at the end of 1st month. But the completed value of work done after one month is 27% only. Actual cost at the end of first month is 27,500.00 USD. Treat 10th August 2021 as the status day

A. Work out the following

(i) Earned Value ( EV)

(ii) Planned Value( PV)

(iii) Cost Performance Index (CPI)

(iv) Schedule Performance Index (SPI)

(v) Cost variance ( CV)

(vi) Schedule variance(SV) Show all above in diagram drawn with cost against time.

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