Earned Value Management (EVM) Problems Based on the following performance information, solve the following EVM problems PV-$26,667 AC $25,000 BAC-$40,000 ETC $20,000 1. If 75% of the Planned Value was completed to date, what is the Earned Value of the work completed (round to nearest whole number)? 2. What is the Cost Variance (round to nearest whole number)? 3. What is the Schedule Variance (round to nearest whole number)? 4. What is the Cost Performance Index (round to 2 decimals)? 5. What is the Schedule Performance Index (round to 2 decimals)? 6. How is the project progressing in terms of schedule (ahead, behind or on-schedule) and budget (under, over or on-budget)? 7. If spending remains the same as the current rate to date, what is the Estimate at Completion for this project (round to nearest whole number)? 8. If spending varies from current rate to date, what is the Estimate at Completion for this project (round to nearest whole number)? What is the Variance at Completion if spending remains the same as the current rate to date (round to nearest whole number)? 9