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

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!