Question: Use the following information to create an earned value chart. Assume that you have completed three months of the project. The BAC was $200,000 for

Use the following information to create an earned value chart.

Assume that you have completed three months of the project.

The BAC was $200,000 for this six-month project.

PV = $120,000

EV = $100,000

AC = $90,000

Cost variance = EV-AC=$100,000 - $90,000 = $10,000

Schedule variance = EV-PV=$100,000-$120,000=($20,000)

CPI=EV/AC=$100,000/$90,000 =111% or 1.11

SPI=EV/PV=$100,000/$120,000=83% or .83

EAC=BAC/CPI=$200,000/1.11=$180,180

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