Question: Problem 3 . The following project is at the end of its 6 th week. Find the cost and schedule variances. Also find the CPI

Problem 3. The following project is at the end of its 6th week. Find the cost and schedule variances. Also find the CPI and SPI. Then find the critical ratio of the project using earned value calculations. Finally, calculate the EAC for the project by at least two different methods.

Activity

Predecessor

Duration (wks)

Budget at Completion ($)

Actual Cost ($)

% Complete

a

-

2

300

400

100

b

a

3

200

250

100

c

b

3

300

300

100

d

b

5

600

200

30

e

c,d

4

400

-

0

$1800 $ 1150

  1. CV =
  2. SV =
  3. CPI =
  4. SPI=
  5. CR=

EAC=

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