$.$

Section $4$: Calculations $(6$ marks$)$

i$.$ Write your answer in the booklet provided

ii$.$ Each question carries $3$ marks

iii. Answer any two $(2)$ questions

Q$1.$ You are running a project in one of your company's manufacturing plant. After $25$ weeks of the project, your earned value dataset is shown below. Use the information provided to answer the questions below. The project is planned to end in week $30,$ with planned budget of $\backslash (\backslash$$ $135000\backslash ).$ You are currently at the end of week $25.$ Describe what the results of each calculation mean to you as a project manager. The values are in dollars.

i$.$ What is the estimated Schedule Variance $($SV$)$ and its interpretation?

ii$.$ What is the estimated Cost Variance $($CV$)$ and its interpretation?

iii. What is the estimated SPI and its interpretation?

iv$.$ What is the estimated CPI and its interpretation?

v$.$ Based on current performance, what is cost 'Estimate at Completion' $($EAC$)?$

$4$