Question: The table shown below is for a project that is planned to be completed in 4 months. (a) What is the total planned budget
The table shown below is for a project that is planned to be completed in 4 months. (a) What is the total planned budget (Budget At Completion) of the project? (b) Calculate SV, CV, SPI and CPI at the end of second month. Can you comment on the status of the project? (Please note that EV = % Completed BAC) (c) Calculate the Estimate To Completion (ETC). (d) Calculate the Estimate At Completion (EAC) using Method #3. Month Actual % of the project 31.25% completed (cumulative) Planned Value Earned Value Actual Cost 1 2 3 4 54.69% $1,110,000 $600,000 $950,000 $540,000 $1,000,000 $1,250,000 $500,000
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