Question: You are managing a second project that has the same time and cost specifications as those in QUESTION 1, but which is 40% complete at

You are managing a second project that has theYou are managing a second project that has theYou are managing a second project that has theYou are managing a second project that has the

You are managing a second project that has the same time and cost specifications as those in QUESTION 1, but which is 40% complete at the status date, when the actual cost are RM 400,000.00 Its specification are below Budgeted Actual Cost (BAC) : RM 1,000,000.00 Schedule time to complete : 12 months At the status date, the project has the following characteristics: Plan Value (PV) RM 300,000.00 Actual Cost (AC) RM 400,000.00 Percentage of work completed 40% Calculate the following quantities: vi. Earned Value (EV) vii. Cost Variance (CV) viii. Schedule Variance (SV) ix. Cost Performance Index (CPI) Schedule Performance Index (SPI) X. Using your result, apply three (3) formulae listed in project management cost management to calculate the Estimate at Completion (EAC) of the project These formulae are as follows: These formulae are as follows: d) EAC = AC + (BAC - EV) e) EAC = BAC/CPI f) EAC = AC + [(BAC-EV)/(CPIX SPI)] For each of these calculations (3 in total), calculate the To-Complete Performance Index (TCPI)

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