Earned Value Exercise Complete the following problems: 1. The following project is at the end of its first week. Find the cost and schedule variances, the cost performance index, the schedule performance index and the estimate at completion. Task Predecessors A B C D E None None A A B ,C Duration in days 2 3 2 5 6 Planned Value ($) 500 1000 200 600 1200 Actual Cost ($) 650 1500 300 600 550 Percent Complete 100 100 50 20 10 To do this exercise, it is best to start with a Gantt chart depicting the task relationships. CV ______________________ CPI ________________ SV ______________________ SPI ________________ EAC _____________________ 2. Using the following information, calculate the cost performance index and the schedule performance index. Then calculate the estimate at c Planned value: 6700 Earned value: 6100 Actual costs: 7300 Budget at completion: 38900 CPI _______________________ EAC ______________________ SPI _____________________________ 3. The following project is at the end of its third week. Find the cost and schedule variances, the cost performance index, the schedule performance index and the estimate at completion. Task Predecessors A B C D E F G H None A A A B ,C C F G Duration in days 3 5 2 5 6 10 7 8 Planned Value ($) 600 1000 200 1000 1200 10000 700 1600 Actual Cost ($) 650 1500 300 600 1200 12000 0 0 Percent Complete 100 100 100 100 100 75 0 0 To do this exercise, it is best to start with a Gantt chart depicting the task relationships. CV ______________________ CPI ________________ SV ______________________ SPI ________________ EAC _____________________ 4. Mary is the project manager for a web design project for Newberry Pet Foods. So far in the six weeks (of the twelve week project), Mary's team has completed five tasks which had a combined planned value of $7800. However, the team spent $8200 to complete those tasks. She has five additional tasks to complete the project. What are the PV, EV, AC, CV, SV, CPI, and SPI for Mary's project? 5. Consider the following information: PV=6500 EV=5000 AC=7200 BAC=32000 Expected Duration=12 weeks Calculate the following: CV __________________ SV __________________ CPI __________________ SPI __________________ EAC __________________ Duration at Completion _______________