Question: Here is an example of a software development project with four (4) phases. Each phase should take one month to complete and it is estimated

Here is an example of a software development project with four (4) phases. Each phase should take one month to complete and it is estimated that each phase will cost $10,000 per phase. The phases are planned to be completed one phase after the other. Today is the end of month three (3). Please calculate EV, CV, SV, CPI, SPI, TCPI and EAC (explain what the EAC results means to you) ... Please note that EV = (%C)*(PV). EAC is equal to BAC/CPI.

Status at the end of Month 3 Project Phases Month Month Month 1 2 3 Month 4 Requirements Definition S---------- Complete, spent $10,000 SPF F Architecture and Design Complete, spent $12000 S ----- PF 50% done, spent $9000 Development and unit testing System testing and Operation Not yet started

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