Question: Project Management Based off Earned value (EV) EV = PV of all completed work Cost variance (CV) CV = EV - AC Schedule variance (SV)
Project Management
Based off
| Earned value (EV) | EV = PV of all completed work |
| Cost variance (CV) | CV = EV - AC |
| Schedule variance (SV) | SV = EV - PV |
| Cost performance index (CPI) | CPI = EV/AC |
| Schedule performance index (SPI) | SPI = EV/PV |
| Estimate at completion (EAC) | EAC = BAC/CPI |
| Estimated to Complete (ETC) | ETC = EAC - AC
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ANSWER THIS
| Fill in the variances and performance indices | ||||
| BAC | $ 120,000.00 | |||
| Earned value (EV) | $ 20,000.00 | |||
| Planned value (PV) | $ 22,000.00 | |||
| Actual cost (AC) | $ 25,000.00 | |||
| Cost variance (CV) | ||||
| Schedule variance (SV) | ||||
| Cost performance index (CPI) | ||||
| Schedule performance index (SPI) | ||||
| Estimate at completion (EAC) | ||||
| Estimated to Complete (ETC) | ||||
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