Question: Please solve , most important part e, Thank you Given the following information for a one-year project, answer the following questions. Assume you have actual
Please solve , most important part e, Thank you
Given the following information for a one-year project, answer the
following questions. Assume you have actual and earned value data
at the end of the second month. 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 = $23,000
EV = $20,000
AC = $25,000
BAC = $120,000
a. What is the cost variance, schedule variance, cost performance
index (CPI), and schedule performance index (SPI) for the
project?
b. How is the project progressing? Is it ahead of schedule or behind
schedule? Is it under budget or over budget?
c. Use the CPI to calculate the estimate at completion (EAC) for
this project.
d. Use the SPI to estimate how long it will take to finish this
project.
e. Sketch the earned value chart for this project, using Figure 8-4 as
a guide. Assume the data for month 1 is half of the values given
for PV, EV, and AC at the end of month 2.

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