Question: The following table shows the current status data for a project at the end of month 3. PV (Planned Value) EV (Earned Value) AC (

The following table shows the current status data for a project at the end of month 3.

PV

(Planned Value)

EV

(Earned Value)

AC

(Actual Cost)

SV

CV

SPI

CPI

$18,461.54

$35,673.08

$20,673.08

If you were the project manager for this project, should you have any concerns about this data?

If yes, then

  • what are your concerns?
  • what might be some underlying causes?
  • how might you combat these in the future?

If no, then explain why not.

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