Let$$s now apply Earned Value Analysis to your BAS project. You are welcome to work with your neighbor. When students complete $15$ credits per quarter, the BAS takes $18$ months or $6$ quarters to finish. The cost is estimated at $$2,500$ per quarter or $$15,000$ for the entire program. You are at the end of your $2$nd quarter and have completed $45$ credits. You had to purchase additional textbooks and incurred a quarterly expense of $$500$ to be added to the $$2,500$ budgeted cost per quarter. Please note the above data is loosely adapted and does not exactly represent PCC costs. We are at the end of the $2$nd quarter, here are PV$,$ EV and AC: PV$=($$$2,500$ per quarter x $2)=$ $$5,000$ EV $=(90$ credits divided by $45=50\%)=(15,000$ divided by $2)=$ $$7,500$ AC $=($$$2,500$ per quarter x $2)+($$$500$ cost of books per quarter x $2)=$ $$6,000$ Compute the SV$,$ CV$,$ SPI and CPI for the project and tell me what the numbers mean and how the project is going in terms of cost and schedule.

How will the above performance indicators change if at the end of the $2$nd quarter a student has completed $30$ credits?