Question: Use Earned Value quantities to answer the following questions: a . What is the status of the project in terms of budget ( over or

Use Earned Value quantities to answer the following questions:
a. What is the status of the project in terms of budget (over or under)? Check CV and
CPI.
b. What is the status of the project in terms of schedule (ahead or behind)? Check SV
and SPI.
c. What is the estimated total cost of completing all of the work (EAC)? Assume the CPI
will remain the same for the remainder of the project.
d. What is the expected cost to complete all of the remaining project work (ETC)
assuming the work is proceeding as planned?
e. Using variance at completion (VAC), determine whether the project is expected to be
over or under budget at completion of the project?
f. Based on the efficiency that must be maintained in order to complete the current EAC,
will it be harder, easier, or the same level of effort to complete the work? Use the To
Complete Performance Index (TCPI

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