Ques 2. What can you conclude by looking at the Earned Value Analysis? (Also tell whether the project is under or over budget and ahead or behind schedule).

1. Technical Infrastructure Project:

The budgeted cost of work scheduled (BCWS) for the project is $888,000.

The actual cost of work performed (ACWP) is $913,500.

The budgeted cost of work performed (BCWP) is $838,000.

The schedule variance (SV) is negative.

Cost variance is negative.

2. Software Customization Project:

The budgeted cost of work scheduled (BCWS) for the project is $888,000.

The actual cost of work performed (ACWP) is $846,000..

The budgeted cost of work performed (BCWP) is $1,005,250.

The schedule variance (SV) is positive.

Cost variance is positive.

3. Combined Projects:

The budgeted cost of work scheduled (BCWS) for the project is $1,776,000.

The actual cost of work performed (ACWP) is $1,759,500.

The budgeted cost of work performed (BCWP) is $1,843,250.

The schedule variance (SV) is negative.

Cost variance is negative for one month from may to October.