Question: Question 2 [6 points] You have a project to build a new fence. The fence will form a square, Each side is to take

Question 2 [6 points] You have a project to build a new

Question 2 [6 points] You have a project to build a new fence. The fence will form a square, Each side is to take one day to build, and $1,000 has been budgeted per side. The sides are planned to be completed one after the other. Today is the end of day 3. Using the following project status chart, calculate PV, EV, etc. (in table below). Then check your answers. Interpretation is also important. Can you interpret what each answer means? Do the calculations to three decimal places on the exercises. Activity Day 1 Day 2 Side 1 Planned Actual Planned Side 2 Actual Side 3 Side 4 Calculate: 1. PV 2. EV 3. AC 4. BAC 5. CV 6. CPI 7. SV 8. SPI 9. EAC 10. ETC 11. VAC Day 3 Day 4 Status End of day 3 Completed 100%, Spend $1000 took 1.5 day, Completed 100%, Spend $1200 50% done, spent $600 Not yet started

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