• Task A, B, C, and D are the critical path of the project.
• Each task is 10 days in duration and their costs are as shown in the diagram.
• At the end of day 23, Tasks A and B are complete. Task C is 50% complete and, up to this point, $14,000 has been spent overall.

Planned Value (PV)

= The planned value of the work planned to be done

= Estimated cost of the planned work at the end of day 23

=Task A + Task B + 3 * $1,000 (Task C)

= $5,000 + $5,000 + $3,000

= $13,000

As the Project Manager (PM), at the end of day 23, calculate:

1. What is AC (Actual Cost)?
2. What is BAC (Budget at Completion)?
3. What is EV (Earned Value)?
4. What is CPI (Cost Performance Index)?
5. What is SPI (Schedule Performance Index)?
6. What is EAC (Estimate at Completion)?
7. What are the variances (SV, CV, VAC)?

1 10 11 20 21 30 31 40 B D $5,000 $5,000 $10,000 $15,000 Start Finish Task ID Notation