s d A new product development project has elapsed two weeks. It means that the status period is end of Week 2. The monitoring team has reported the project updates as given in the following table. Table 1 Update progress (Note: time proportionality rule is used for PV and EV calculation. Actual Cost is reported at the status time) Activit Description Predecessor Estimate Planned % Work Money y # Value ($) Complete Spent Duration d (AC) ($) (weeks) Creative 1,000 25% Strategy 500 75% 3 IT 3,000 25% 1,000 Fundraising 500 Marketing 1,2 2,000 1,2 500 Finance 750 8 HR 4,6 5 1 2 500 300 1 4 5 6 7 2 4 4 2 5 2 1 Sales 5,6 250 a) Calculate the values of SV, CV, SPI and CPI of Activity 1, 2, 3 and 4? b) Which activities are behind schedule? Which activities have cost overrun? c) If the 0-100 rule is used for EV calculation, what are the values of EV for Activity 1, 2 and 3