Please post assigned problems in the Assignment Drop$-$Box for the Lesson by Sunday $11$:$59$ P$.$M$.($PST$).$

Given the following information for a one$-$year project, answer the following questions. Recall that PV is the planned value, EV is

the earned value, AC is the actual cost, and BAC is the budget at completion.

$$ PV$=$$$22,000$

$$ EV$=$$$20,000$

$$ AC$=$$$25,000$

$$ BAC$=$$$120,000$

Answer the following questions:

$1.$ What is the cost variance, schedule variance, cost performance index $($CPI$),$ and schedule performance index $($SPI$)$ for

the project?

$2.$ How is the project doing? Is it ahead of schedule or behind schedule? Is it under budget or over budget?

$3.$ Use the CPI to calculate the estimate at completion $($EAC$)$ for this project. Is the project performing better or worse than

planned?

$4.$ Use the SPI to estimate how long it will take to finish this project.