Question: Instructions : You are preparing a status report for your project sponsor and stakeholders and it's important to share the project progress using the Earned
Instructions: You are preparing a status report for your project sponsor and stakeholders and it's important to share the project progress using the Earned Value technique. You are preparing your status report for the period ending October 28th. Your project started February 27th. Assume that the project is executed 5 days per week and 8 hours per day with some additional hours that amount to 8 hours every Saturday and Sunday. The project manager's table of activities are noted below.
| ID | Activity | Original Duration (days) | Actual Duration (days) | Actual Start Date | Actual Finish Date | % Complete | Original Budget | Actual Budget |
| 10 | Site Prep | 8 | 9 | 2/27 | 4/26 | 100 | $500,000 | $600,000 |
| 20 | Substructure | 12 | 11 | 5/1 | 7/18 | 100 | $1,500,000 | $1,350,000 |
| 30 | Super Substructure | 18 | - | 7/20 | - | 75 | $2,000,000 | $1,450,000 |
| 40 | Exterior | 6 | - | - | - | 0 | $400,000 | - |
| 50 | Interior | 14 | - | 8/31 | - | 50 | $1,800,000 | $1,000,000 |
| 60 | Services | 10 | - | - | - | 0 | $1,000,000 | - |
| 70 | Cleanup | 4 | - | - | - | 0 | $200,000 |
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Question 4 - Calculate the Schedule Performance Index (SPI) and the Cost Performance Index (CPI) based on BCWS and BCWP. Based on these calculations, determine if the project is ahead or behind schedule and if the cost is under or over budget?
SPI = BCWP / BCWS
CPI = BCWP / ACWP
Activity 30 = Super Substructure
SPI = _____________________
CPI = _____________________
Ahead or Behind Schedule? _____________________
Under or Over Budget? _____________________
Activity 50 = Interior
SPI = _____________________
CPI = _____________________
Ahead or Behind Schedule? _____________________
Under or Over Budget? _____________________
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