Question: using Project manangement answer the following question 10. In statusing your time and materials project using EVM techniques, you compile the following information in anticipation
10. In statusing your time and materials project using EVM techniques, you compile the following information in anticipation of a meeting with your client to discuss progress: Project Overview Initial Price =$100,000 Total Project Duration =7 months Total Direct Cost Budget =$65,000 Current Status You are 5 months into the project. Your project is 65.2% complete. Your actual cost at billing terms is $93,750. Your planned value at billing terms is $71,429. a. As of this status point, what is your earned value at billing terms? (2 points) b. What are the project performance indicators (CPI and SPI)? (2 points) c. If things continue to progress as shown, what can your client expect at the conclusion of this project regarding your adherence to the budget (over or under) and schedule (ahead or behind) requirements? ( 2 points) d. Based on the analysis of your project, what are the forecast cost variance at completion (in \$) and forecast schedule variance at completion (in days)? (2 points)
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