Question: Earned Value Analysis You are working as an intern and have 10 cases to review. It is estimated that it will take you 5 hours

Earned Value Analysis You are working as an intern and have 10 cases to review. It is estimated that it will take you 5 hours per case and you are scheduled to work 5 hours a day. You are paid $10 per hour. After 6 work days you have spent 15 hours and completed 5 cases.

- Calculate the following: BAC - Budgeted cost at completion. PV - Planned value. EV - Earned value. AC - Actual cost of work performed. SV - Schedule variance. SPI - Schedule Performance Index. CV - Cost variance. CPI - Cost Performance Index. EAC = BAC / CPI - Estimate at completion. VAC - ? ETC = EAC -AC - Estimate to Complete (ETC) [Output/Input]. TCPI - To-Complete-Performance-Index (TCPI). - What does Earned Value Analysis tell us about this project? - If appropriate, what corrective action would you recommend?

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