Question: Let's evaluate a project's status using EVA (Earned Value Analysis). The Status Date is 5th week. The following table provides budgeted cost, % scheduled, %

Let's evaluate a project's status using EVA

Let's evaluate a project's status using EVA (Earned Value Analysis). The Status Date is 5th week. The following table provides "budgeted cost", "\% scheduled", "\% completed", and "Actual Cost (AC)" of each activity as of the Status Date. Using the above table to answer the following questions. 1. What is the planned value (PV) of the project? 2. What is the earned value of the work completed (EV)? 3. What is Actual Cost of the project (AC)? 4. What is the schedule variance (SV)? Is the project behind the schedule? 5. What is the cost variance (CV)? Is the project over-budget? 6. What is the estimated cost variance at completion

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