The actual cost of the work performed at the end of the second week for the project in Problem 3 is $37,900. Determine the cost performance index for the project.
IN PROBLEM 3 A project consists of three tasks. Task A is scheduled to begin at the start of Week 1 and finish at the end of Week 3. Task B is scheduled to begin at the start of Week 1 and finish at the end of Week 2. Task C is scheduled to begin at the start of Week 2 and end at the end of Week 3. The budgeted cost for Task A is $22,000, for Task B is $17,000, and for Task C is $15,000. At the end of the second week Task A is 65% complete, Task B is 95% complete, and Task C is 60% complete. What is the schedule performance index for the project at the end of the second week?