Question: QUESTION 3 (20 Marks) You have a project to build a new fence around a property. The property is four sided. Each side of the

QUESTION 3 (20 Marks) You have a project to build a new fence around a property. The property is four sided. Each side of the fence is to take one day to build, and R1000 has been budgeted per side. The sides are planned to be completed one after the other. Assume today is the end of day 3. Using the following project status chart, calculate PV, EV, etc. in the spaces provided. Activity Day 1 Day 2 Day 3 Day 4 Status End of Day 3 Side 1 S---...----F Complete, spent R1000 Side 2 S------PF ---F Complete, spent R1200 Side 3 PS S--PF 50% done, spent R600 Side 4 PS Not yet started Key: S - Actual Start, F - Actual Finish, PS - Planned Start and PF - Planned Finish What is: Calculation Answer PV EV AC BAC CV CPI SV SPI EAC ETC

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