You are managing a software project with an initial budget estimate of 5 million USD During interim cost and schedule performance analysis, you figured out that You should have spent $650,000 till now based on your initial plans and 1,500 man days of scheduled activities You spent $425,000 till now and completed 600 man days of scheduled activities which should have cost $525,000 based on your initial plans You re estimated the budget required for the remaining work to be done as $4,500,000 Identify BAC PV AC EV ETC Calculate CPI SPI CV SV VAC EAC TCPI Once you've calculated this, what does it mean for your project and your stakeholders

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Question: You are managing a software project with an initial budget estimate of 5 million USD. During interim cost and schedule performance analysis, you figured out

You are managing a software project with an initial budget estimate of 5 million USD. During interim cost and schedule performance analysis, you figured out that:

You should have spent $650,000 till now based on your initial plans and 1,500 man/days of scheduled activities
You spent $425,000 till now and completed 600 man/days of scheduled activities which should have cost $525,000 based on your initial plans.
You re-estimated the budget required for the remaining work to be done as $4,500,000.

Identify:

Calculate:

CPI
SPI
CV
SV
VAC
EAC
TCPI

Once you've calculated this, what does it mean for your project and your stakeholders?

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