Question: Given the following information for a six - month project: Planned Value ( P V ) = $ 5 0 , 0 0 0 Earned
Given the following information for a sixmonth project:
Planned Value $
Earned Value $
Actual Cost $
Budget Completion $
a Find the cost variance CV schedule variance SV cost performance index CPI and schedule performance index SPI for the project.
b Use your answer in part a to evaluate the project development. Is it ahead of schedule or behind schedule? Is it under budget or over budget?
c Use the CPI to calculate the estimate at completion EAC for this project. Is the project performing better or worse than planned?
d Use the SPI to estimate how long it will take to finish this project if the original duration of the project is months.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
