This is an individual assignment. Students are required to submit word file showing all workings with formula for the following questions. Also explain each concept in one sentence.

You are managing a software project with an initial budget estimate of 2 million USD. During interim cost and schedule performance analysis, you figured out that:

• You should have spent $500,000 till now based on your initial plans and 1,000 man/days of schedule activities
• You spent $600,000 till now and completed 1,100 man/days of schedule activities which should have cost $450,000 based on your initial plans.
• You re-estimated the budget required for the remaining work to be done as $1,500,000.

Question 1-) What is the CPI and SPI of the project respectively?

A-) CPI=0.9 and SPI=1.2

B-) CPI=1.2 and SPI=0.9

C-) CPI=0.75 and SPI=1.1

D-) CPI=1.1 and SPI=0.75

Question 2-) What is the CV and SV of the project respectively?

A-) CV= -$150,000 and SV=100 man/days

B-) CV= $150,000 and SV= -100 man/days

C-) CV= -$100,000 and SV= -100 man/days

D-) CV= $100,000 and SV=100 man/days

Question 3-) What is the Variance at Completion?

A-) -$100,000

B-) $100,000

C-) -$50,000

D-) $50000

Question 4-) What is the TCPI based on your new Estimate at Completion value?

A-) 1.11

B-) 0.90

C-) 1.03

D-) 0.97

Question 5-) What is the status of your project?

A-) Project is ahead of schedule, under budget, and it is easier to complete the project on new EAC

B-) Project is behind schedule, over budget, and it is harder to complete the project on new EAC

C-) Project is ahead of schedule, over budget, and it is easier to complete the project on new EAC

D-) Project is ahead of schedule, over budget, and it is harder to complete the project on new EAC

This is an individual assignment. Students are required to submit word file showing all workings with formula for the following questions. Also explain each concept in one sentence.

You are managing a software project with an initial budget estimate of 2 million USD. During interim cost and schedule performance analysis, you figured out that:

• You should have spent $500,000 till now based on your initial plans and 1,000 man/days of schedule activities
• You spent $600,000 till now and completed 1,100 man/days of schedule activities which should have cost $450,000 based on your initial plans.
• You re-estimated the budget required for the remaining work to be done as $1,500,000.

Question 1-) What is the CPI and SPI of the project respectively?

A-) CPI=0.9 and SPI=1.2

B-) CPI=1.2 and SPI=0.9

C-) CPI=0.75 and SPI=1.1

D-) CPI=1.1 and SPI=0.75

Question 2-) What is the CV and SV of the project respectively?

A-) CV= -$150,000 and SV=100 man/days

B-) CV= $150,000 and SV= -100 man/days

C-) CV= -$100,000 and SV= -100 man/days

D-) CV= $100,000 and SV=100 man/days

Question 3-) What is the Variance at Completion?

A-) -$100,000

B-) $100,000

C-) -$50,000

D-) $50000

Question 4-) What is the TCPI based on your new Estimate at Completion value?

A-) 1.11

B-) 0.90

C-) 1.03

D-) 0.97

Question 5-) What is the status of your project?

A-) Project is ahead of schedule, under budget, and it is easier to complete the project on new EAC

B-) Project is behind schedule, over budget, and it is harder to complete the project on new EAC

C-) Project is ahead of schedule, over budget, and it is easier to complete the project on new EAC

D-) Project is ahead of schedule, over budget, and it is harder to complete the project on new EAC

This is an individual assignment. Students are required to submit word file showing all workings with formula for the following questions. Also explain each concept in one sentence.

You are managing a software project with an initial budget estimate of 2 million USD. During interim cost and schedule performance analysis, you figured out that:

• You should have spent $500,000 till now based on your initial plans and 1,000 man/days of schedule activities
• You spent $600,000 till now and completed 1,100 man/days of schedule activities which should have cost $450,000 based on your initial plans.
• You re-estimated the budget required for the remaining work to be done as $1,500,000.

Question 1-) What is the CPI and SPI of the project respectively?

A-) CPI=0.9 and SPI=1.2

B-) CPI=1.2 and SPI=0.9

C-) CPI=0.75 and SPI=1.1

D-) CPI=1.1 and SPI=0.75

Question 2-) What is the CV and SV of the project respectively?

A-) CV= -$150,000 and SV=100 man/days

B-) CV= $150,000 and SV= -100 man/days

C-) CV= -$100,000 and SV= -100 man/days

D-) CV= $100,000 and SV=100 man/days

Question 3-) What is the Variance at Completion?

A-) -$100,000

B-) $100,000

C-) -$50,000

D-) $50000

Question 4-) What is the TCPI based on your new Estimate at Completion value?

A-) 1.11

B-) 0.90

C-) 1.03

D-) 0.97

Question 5-) What is the status of your project?

A-) Project is ahead of schedule, under budget, and it is easier to complete the project on new EAC

B-) Project is behind schedule, over budget, and it is harder to complete the project on new EAC

C-) Project is ahead of schedule, over budget, and it is easier to complete the project on new EAC

D-) Project is ahead of schedule, over budget, and it is harder to complete the project on new EAC