Question 1: 50/50 Rule

Based on the above Gantt chart, the data given below, and by using the 50/50 rule - complete the Earned Value table for tasks A, C, F, J, K M and O.

Question 2: Calculate Earned Value Indicators

Based on the following data:

The Budget At Completion (BAC) cost of the project is estimated to be: $52,250.

• Earned value data is available for the first three weeks of the project (see below).
• The project is due to end on week four (4)

Based on the above data, calculate the following earned value indicators:

Question 3: Earned Value Management Dashboard

Question 4: Interpret the Projects Status

2. What is the current week three (3) status of the project?
   • Is the project on schedule, behind schedule or ahead of schedule?
   • Is the project on budget, under budget or over budget?
5. If progress continues at its current rate how much will the project likely cost?
   • Ensure that you reference the earned value terms and findings in your answer.

Legend: Planned Task Task has been completed (as of week 3) Tasks whose planned status does not its match actual status Tasks actual status New projected completion 

Task A Week 1 Week 2 Week 3 Week 4 Task B Task D Task C Task F Task G Task J Task E Task H Task I Task K Task L Task M Task N Task O Legend: Planned Task Task has been completed (as of week 3) Tasks whose planned status does not its match actual status Tasks actual status New projected completion