Step $1$: Review the provided Excel spreadsheet

Analyze the pre$-$populated Excel spreadsheet Download Excel spreadsheet that contains pre$-$populated data on project progress and earned value analysis for a construction project.

Step $2$: Perform earned value analysis

This will involve calculating the percentage of project completion and determining whether the project is on track in terms of labor and budget.

Manhour gains$/$losses: Calculate the gains or losses in manhours $($MHR$)$ by comparing the planned versus actual labor utilization.

Budgeted gains$/$losses: Determine the gains or losses in the budget by comparing the planned budget versus the actual expenditure.

Percentage complete: Use the earned value analysis to calculate the percentage of the project that is complete, considering both time and cost aspects.