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

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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