Question: A solar panel installation project at the 5 th month with a budgeted cost of $43,000. But the actual cost was 4,700 and a value

A solar panel installation project at the 5th month with a budgeted cost of $43,000. But the actual cost was 4,700 and a value completed of $45,000.

  • Find the cost variance and the CPI. Indicate if favorable or unfavorable.
  • Find the schedule variance and SPI. Indicate if favorable or unfavorable.

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