Question: Given the following information for a one-year project, answer the following questions. The planned value PV = $ 10000 Earned Value EV= $ 9000 Actual

Given the following information for a one-year project, answer the following questions.

 The planned value PV = $ 10000 Earned Value EV= $ 9000 Actual Cost AC = $ 12000 Budget At Completion BAC= $ 60000 a) What is the cost variance, and schedule variance for the project? b) What is the Cost Performance Index (CPI), and Schedule Performance Index (SCI) for the project? c) How is the project doing? is it a head of schedule or behind schedule? Is it under budget or over budget? d) Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project performing better or worse than planned? e) Use the SPI to estimate how long it will take to finish this project.

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