Earned Value Analysis

The figure below depicts the schedule for a small information technology project. The budgeted cost is shown within the schedule bar for each activity. For the sake of simplicity, assume costs are distributed evenly throughout an activity's duration. For example, Activity A will take four weeks and has a total budgeted cost of $4,000. Consequently, expected expenditures for A will be $1,000 per week. In contrast, Activity B will cost $2,000 per week. Precedence relationships are as follows: A must precede B and C, B and C must precede D.

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