Complete an Earned Value Analysis on the case study below:

You have been assigned to work on a small project in the caf that you are working. You were assigned to manage the funds for a 3 day seminar for the staff. The event will be held at the cafe with 15 staff members attending. You have been given a budget of $500 per day to spend for the event including food (purchased outside) which includes morning tea, lunch and afternoon tea, drinks, props for games and materials for activities. You have been given a total budget of 1500 to spend for the event to cover all the above expenses.

On day one, you were able to spend $620.00 to get 100% of all the materials needed for the day.

At the end of the morning session of the second day, you have spent $300.00 and managed to acquire only 40% of the requirements needed for the day.

Use the above details to calculate how much more money you will need to cover 100% of all requirements for the 3 day event. Determine the following:

BAC (Budget at Completion):

PV (Planned Value):

AC (Actual Cost):

EV (Earned Value):

CPI (Cost Performance Index):

CV (Cost Variance):

Estimated Cost at Completion

How much more money do you need to acquire all the requirement you need for the event on top of the funds you have already been provided?