Question: Youve been assigned as a PM for a website development project. Their goals are to complete the project in 12 months for a budge of
Youve been assigned as a PM for a website development project. Their goals are to complete the project in 12 months for a budge of $1m. The cost baseline is shown in the following Excel spread sheet and the project has been done for 6 months. You decide to use the EVM youve learnt from the course to determine how well the project is progressing by June.
a. Work out the EVM indices CV, SV, CPI, SPI, estimated cost at completion (EAC) and estimated time to complete. Explain the progress of the project based on the EVM indices. (12)
b. Use a simple cost vs time graph to show the AC, EV, PV curves and forecast the EAC. (2)
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