Problem 2. A project has just completed its 87th task of a total of 150 tasks in its project plan. The project has a total budget of $1,500,000. It was scheduled to have spent $500,000 at this point in the plan, but has actually spent only $400,000. The project manager estimates that the value of the work actually finished is $300,000. What are the spending and schedule variances for the project? What are the SPI and CPI? What is the EAC, assuming the remaining work will be completed as budgeted? Is this likely?

a. CV =

b. SV =

c. SPI =

d. CPI =

e. EAC =