Question 1

The earned value diagram below depicts the status of a project using Planned Value, Actual Cost, and Earned Value. You are the project manager; you are asked to write the project status using the information from the graph.

1. Is the project schedule status on schedule or behind schedule or ahead of schedule? Write a description in support of your selected schedule status using PV, AC, and EV

2. Is the project cost status on budget or under budget or over budget? Write a description in support of your selected cost status using PV, AC, and EV relationships.

Question 2

The earned value diagram below depicts the status of a project using planned value, actual cost and earned value. You are the project manager; you are asked to write the project status using the information from the graph.

1. Is the project schedule status on schedule or behind schedule or ahead of schedule? Write a description in support of your selected schedule status using PV, AC, and EV
2. Is the project cost status on budget or under budget or over budget? Write a description in support of your selected cost status using PV, AC, and EV relationships.

Question 3

The earned value diagram below depicts the status of a project using planned value, actual cost, and earned value. You are the project manager; you are asked to write the project status using the information from the graph.

1. Is the project schedule status on schedule or behind schedule or ahead of schedule? Write a description in support of your selected schedule status using PV, AC, and EV
2. Is the project cost status on budget or under budget or over budget? Write a description in support of your selected cost status using PV, AC, and EV relationships.

Cost PV = Planned Value EV = Earned Value AC = Actual Time Cost EV = Earned Value PVPlanned Value AC = Actual Time Cost PV = Planned value AC Actual EV = Earned Value Time