Question: The total budget for a project is $ 1 , 2 5 0 , 0 0 0 . Assume that the project has an actual

The total budget for a project is $1,250,000. Assume that the project has an actual cost at month 22 of $540,000, a scheduled cost of $523,000, and an earned value of $535,000.
(a) What are the Schedule Variance and the Cost Variance?
(b) What are the SPI and CPI?
(c) What is it now estimated that the project cost will be when it is ultimately completed?
(d) What is it going to cost from here forward to complete the project?

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