Question: The data given in Table 1 shows PV, EV, and AC values in thousands of dollars for the first 30 weeks of a projects execution

The data given in Table 1 shows PV, EV, and AC values in thousands of dollars for the first 30 weeks of a project’s execution before its completion. 

Answer the following questions: 

a. Using three different pen colors, draw a graph showing the curves PV, EV, and AC. Label appropriately the curves and the x-axis and y-axis; 

b. Indicate the intervals of time where the project is on schedule, going faster or slower than the planned schedule; 

c. Indicate the intervals of time where the project is on budget, under or over the planned budget 

d. Evaluate the budget gain or loss that occurred on week 15 in dollars; 

e. Evaluate the schedule status on week 25.

Activity

ID

Week

Number

PV $(‘000)

EV $(‘000)

AC $(‘000)

A

5

7

5

2

B

10

13

10

7

C

15

18

15

12

D

20

20

20

20

E

25

22

25

28

F

30

27

30

33

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