Question: You are the project manager on a project that has $ 8 0 0 , 0 0 0 software development effort. There are two teams

You are the project manager on a project that has $800,000 software development effort. There are two teams of programmers that will work for ten months month for a total of 10,000 lines of code at $80 per line and scheduled at 1,000 lines per month. You are now at the end of Month 4, and according to the project schedule your team should be done with 4,000 lines of code. As of today, the project has completed 4,400 lines of code and spent $400,000. Provide the BAC, AC, PV, EV, CV, CPI, CV, CPI, SPI, EAC based on the earned value formula, evaluation of what this is telling you, and actions you will take as the PjM to finish within schedule and within budget. Each of the ten questions are worth 2 points for a total of 20 points.
Q1. Budget at Complete (BAC)=?
Q2. Actual Cost (AC)=?
Q3. Planned Value (PV)=?
Q4. Earned Value (EV)=?
Q5. Cost Variance (CV)=?
Q6. Cost Performance Index (CPI)=?
Q7. Schedule Performance Index (SPI)=?
Q8. Estimate at Complete (EAC)=?
Q9. What are the earned value calculations telling you?
Q10. What actions will take as the PjM to finish within schedule and within budget?

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