Question: b) If the Plan Value (PV) value for a work package in this project, during the first month of implementation, is $11,000, Budget at Completion

b) If the Plan Value (PV) value for a work

b) If the Plan Value (PV) value for a work package in this project, during the first month of implementation, is $11,000, Budget at Completion (BAC) at $40,000 and 75% of the work planned to date was accomplished at an actual cost of $12,000 determine the following i Earned Value (EV) (1 mark) ii Cost Variance (CV) (1 mark) 111. Schedule Variance (SV) (1 mark) iv. Schedule Performance Index (SPI) (1 mark) v. vi. vii. viii. Cost Performance Index (CPI) (1 mark) Estimate at Completion (EAC) (2 mar Variance at completion (VAC) (1 ma Based on your calculations what is the mealth of the project? (2 marks)

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