There is a project, which is planned for a $6-$month duration with $$98,000$ budget. Using the

following data, calculate the planned and actual monthly budgets through the end of June.

Activity Jan Feb Mar Apr May Jun Plan $\%$ C Value

Staffing $851380\%$

Blueprinting $36960\%$

Prototype

Development $281050\%$

Full Design $3851610\%$

Construction $220220\%$

Transfer $10100\%$

$\backslash$Sigma $=80$

Monthly Plan $8101431035$

Cumulative

Monthly Actual $1015614$

Cumul. Actual

At the end of April, the project manager wants to evaluate this project$$s progress. Please find

followings.

Schedule Variances

Planned Value of Work Scheduled $($PV$)$

Earned Value $($EV$)$

Schedule Performance Index $($SPI$)$

Estimated Time to Completion

Cost Variances

Actual Cost of Work Performed $($AC$)$

Earned Value $($EV$)$

Cost Performance Index $($CPI$)$

Estimated Cost to Completion

How do you like this project$$s progress? Please make comments based on your analysis.