Given the following information for a one$-$year project, answer the following questions. Assume you have actual and earned value data at the end of the second month. Recall that BCWS is the planned value, BCWP is the earned value, ACWP is the actual cost, and BAC is the budget at completion.

$BCWS=$$$23,000$

$BCWP=$$$20,000$

ACWP$=$$$25,000$

BAC$=$$$120,000$

What is the

cost variance

schedule variance,

cost performance index

schedule performance index

How is the project progressing

Is it a head of schedule or behind schedule

Is it under budget or over budget

Using the above information we can calculate Estimate At Completion meaning if we continue WITHOUT making adjustments to the project how much will the project cost at completion and how long will it take.

Use the CPI to calculate the estimate at completion $($EAC$)$ for this project. $=BA\frac{C}{C}\frac{?}{PI}$

Use the SPI to estimate the how long it will take to finish this project. $=$Planned Time$/$SPI