Question: Given the following information for a 2 2 month project, answer the following questions. Assume you have actual and earned value data at the end
Given the following information for a month project, answer the following questions.
Assume you have actual and earned value data at the end of the first year.
Planned Value PV $
Earned Value EV $
Actual Cost AC $
Budget at Completion BAC $
Questions: I will review the answers regardless of the automatic determination from CANVAS.
When answering, please don't use the $ sign or commas, just the raw number e g or limit two decimal points
a What is the cost variance for the project?
b What is the schedule variance for the project?
c What is the cost performance index for the project?
d What is the schedule performance index for the project?
e What is your interpretation of the budget performance?
choices are: OVB: over budget; UNB: under budget; ONB: on budget
f What is your interpretation of the schedule performance?
choices are: AS: ahead of schedule; BS: behind schedule; OS: on schedule
g What is the estimate at completion for the project?
h What is the estimated time to complete the project?
in whole months
i If the only two measures for the project's success were the schedule and the budget, in your estimation is this a successful project? Yes No or Split
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