QUESTION $3$

Planned value $($PV$)$ is simply R$55300.$ To calculate the planned value $($PV$)$ we need

to multiply the earned value $($EV$)$ by the percentage of the project that is complete of

$85\%.$ If the actual cost $($AC$)$ is R$76920,$ how would you determine the following?

a$)$ The earned value $($EV$)(3)$

b$)$ The cost variance of that month. $(3)$

c$)$ Cost performance index $(3)$

d$)$ Discuss the outcome of your calculated cost performance index to give us what

does it tells the stakeholders. $(3)$

$[12$