1. You are using earned value progress reporting for your current project in an effort to teach our software developers the benefits of earned value. You plan to display project results on the cafeteria bulletin board so that the team know how the project is progressing. Use the current status listed below to answer the following questions:

PV = $2,200

EV = $2,000

AC = $2,500

BAC = $10,000

1. According to earned value analysis, what is the SV and the status of the project described above?(2 points)
2. What is the CV for this project?(2 points)
3. What is the CPI for this project, and what does it tell us about cost performance thus far?(3 points)
4. What is the EAC for this project?(3 points)