Question: Project Management Answer the following questions using your textbook and the PowerPoint slides on EVA: 1. How is ROM estimate different from definitive cost estimate?

Project Management Project Management Answer the following questions using your textbook and the PowerPoint

Answer the following questions using your textbook and the PowerPoint slides on EVA: 1. How is ROM estimate different from definitive cost estimate? Explain with examples of both. - 4 points 2. What do you need to do before beginning a cost estimate? - 3 points 3. Assume you are managing a project that has a schedule goal of 12 months. The total cost (BAC) of the project is $200,000.00. Six months have passed and $145,000.00 is spent. A closer review of the project reveals that 35% of the work has been completed so far. Calculate the following: - At points - PV - EV - SV . CV - SPI - CPI - EAC 4. Based on the CPI, how is the project doing? -2 points

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