Question: Earned Value Management Individual Assignment Calculate the variances. Schedule Variance Cost Variance Calculate the performance indices. Schedule Performance Index Cost Performance Index Calculate the Estimate

Earned Value Management Individual Assignment

  1. Calculate the variances.
    1. Schedule Variance

  1. Cost Variance
  2. Calculate the performance indices.
    1. Schedule Performance Index
    2. Cost Performance Index
  3. Calculate the Estimate at Completion using each of the 4 different methods. Note: for the Manual method use $525,000 as the new Bottom up ETC figure.

  1. Manual Method
  2. Work Performed at the Budgeted Rate
  3. Work Performed at the Present CPI
  4. Work Considering SPI and CPI
  5. Calculate the To Complete Index.
    1. Based on BAC (Budget at Completion)

Based on EAC (Estimate at Completion) Note: Use the estimate of EAC that you calculated above using the Manual method.

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