Question: You have started executing a database upgrade project and as a project manager you would like to measure the performance of your project in terms
You have started executing a database upgrade project and as a project manager you would like to measure the performance of your project in terms of time and cost. Below are actual and planned values for your project.
- Planned Value PV = $28000
- Earned Value EV = $20000
- Actual Value AC = $26000
- Budget at Completion is BAC =$40000
Calculate the following values for your project:
- Schedule Variance (SV)
- SV%
- Cost Variance(CV)
- CV%
- Schedule Performance Index: (SPI)
- Cost Performance Index (CPI)
- Estimate at Completion(EAC)
-
- Variance at Completion (VAC)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
