Question: Earned Value Exercise Complete the following problems: The following project is at the end of its first week. Find the cost and schedule variances, the

Earned Value Exercise

Complete the following problems:

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

Duration in days

Planned Value ($)

Actual Cost ($)

Percent Complete

A

None

2

500

650

100

B

None

3

1000

1500

100

C

A

2

200

300

50

D

A

5

600

600

20

E

B ,C

6

1200

550

10

To do this exercise, it is best to start with a Gantt chart depicting the task relationships.

CV ______________________ CPI ________________

SV ______________________ SPI ________________

EAC _____________________

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 _______________________ SPI _____________________________

EAC ______________________

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

Duration in days

Planned Value ($)

Actual Cost ($)

Percent Complete

A

None

3

600

650

100

B

A

5

1000

1500

100

C

A

2

200

300

100

D

A

5

1000

600

100

E

B ,C

6

1200

1200

100

F

C

10

10000

12000

75

G

F

7

700

0

0

H

G

8

1600

0

0

To do this exercise, it is best to start with a Gantt chart depicting the task relationships.

CV ______________________ CPI ________________

SV ______________________ SPI ________________

EAC _____________________

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), Marys 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 Marys project?

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 _______________

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