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 six-month project:
Planned Value (PV)=$50,000
Earned Value (EV)=$60,000
Actual Cost (AC)=$45,000
Budget At Completion (BAC)=$100,000
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 6 months.
 Given the following information for a six-month project: Planned Value (PV)=$50,000

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