Question: Answer the questions below. Show work, as needed. 1. There is a project with the following calculated costs: Actual costs = 50,000 Earned value =

Answer the questions below. Show work, as needed. 1. There is a project with the following calculated costs: Actual costs = 50,000 Earned value = 50,000 Planned value = 48,000 Calculate the following: a) What is the schedule variance? i) What does this infer? b) What is the cost variance? i) What does this infer? c) Calculate the SPI i) What does this infer? d) Calculate the CPI i) What does this infer? e) What is occurring overall on this project?

2. There is a project with the following calculated costs: Actual costs = 43,000 Earned value = 28,000 Planned value = 32,000 Calculate the following: a) What is the schedule variance? i. What does this infer? b) What is the cost variance? i. What does this infer? c) Calculate the SPI i. What does this infer? d) Calculate the CPI i. What does this infer? e) What is occurring overall on this project? f) Perform some additional research. What other calculations can you preform (perform them) and note what else you can infer about this project.

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