Question: Earned Value Analysis Table 1 gives forecasted data about tasks which comprises a project: Tasks Predecessors Duration (weeks) Labour per week Materials Units per week

Earned Value Analysis Table 1 gives forecasted
Earned Value Analysis Table 1 gives forecasted data about tasks which comprises a project: Tasks Predecessors Duration (weeks) Labour per week Materials Units per week OD A 2. 1 A B C D E Equipment Hours per week 2 2 2 0 0 B MOO 2 2 2 2 2 NININ 2. 4 2. D 2 2 Table 2 gives the actual data for the first 6 weeks of the project while it is ongoing Tasks Predecessors Duration (weeks) Labout per week Materials Units per week 1 2 A B Equipment Hours per week 2 3 2 2 2 A 2 2 2 B 2 ON C D E D The forecasted and actual price of resources are as follows: Resource Forecasted Price Actual Price $1000 $1000 Labouweek Equipment/hour Materials/unit $50 $40 $20 $25 Calculate the following: a) Budget at Completion b) Planned value (PV) c) Earned value (EV) d) Actual costs (AC) e) Price Variance (RPV) for each resource per task f Quantity Variance (ROV) for each resource per task

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