Question: Project E has 60 planned tasks estimated to take 12 months and 1000 person-days to complete. After 3 months, 15 tasks Were scheduled to be
Project E has 60 planned tasks estimated to take 12 months and 1000 person-days to complete. After 3 months, 15 tasks Were scheduled to be completed, but 14 tasks have actually been finished. Compute the following EVM metrics. a. Budget at Completion (BAC) b. Budgeted Cost of Work Scheduled (BCWS) c. Budgeted Cost of Work Performed (BCWP) d. Actual Cost of Work Performed (ACWP) e. Schedule Performance Index (SPI) f. Schedule Variance (SV) g. Percent scheduled for completion (%SC) h. Percent complete (%C) Is Project E currently behind schedule, on schedule, or ahead of schedule based of these EVM metrics? Why? Compute the following EVM metrics. a. Cost Performance Index (CPI) b. Cost Variance (CV) In terms of cost, is the project is under budget, on budget, or over budget? Why? If the organization performing this work requires when schedule or cost metrics have more than 10% variance from the planned values, would this project requiring? Would the if any, require schedule changes? Budget (cost) changes
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