Earned Value Analysis

Consider the following project information (the first 4 columns below) and the project status at the end of week 5 (columns 5 and 6)

Task	Immediate Predecessor	Duration (week)	Budget ($K)	Actual Cost ($K)	Completion Satus at the end of Week 5
A	-	2	10	14	100%
B	A	3	9	4	40%
C	A	2	14	12	100%
D	C	2	6	2	10%
E	B	2	12	0	0%
F	C	3	9	7	50%
G	A	5	15	11	50%
H	D,E,F,G	1	5	0	0%

Please assume that the budget is being used in equal amounts per each week (e.g., for Task B, the budget is $3K per week, for each of the three weeks)

1. At the end of week 5, please calculate earned value (EV), planned value (PV), actual cost (AC), cost variance (CV), and scheduled variance (SV) for each task and also for the overall project. Please show work to receive credit.
2. At the end of week 5, please calculate cost index (CI), schedule index (SI), and Control Ratio (aka Control Index) for each task and for the overall project. Please show work to receive credit (can be combined with a. above)
3. Calculate BAC, ETC and EAC for the overall project? How big is the project budget variance at completion (VAC)?
4. Based on analysis above, please answer the following:

• Which tasks, if any, are at or ahead of schedule?
• Which tasks, if any, are at or under the budget?
• What is your assessment of the overall project performance related to cost and to schedule?