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1. In month 9 the following project information is available: actual cost is $2,

ID: 448251 • Letter: 1

Question

1. In month 9 the following project information is available: actual cost is $2,000,

earned value is $2,100, and planned cost is $2,400. Compute the SV and CV for

the project.

2. On day 51 a project has an earned value of $600, an actual cost of $650, and a

planned cost of $560. Compute the SV, CV, and CPI for the project. What is

your assessment of the project on day 51?

4.* Given the following project network, baseline, and status information, develop

status reports for periods 2, 4, 6, 8 and complete the performance indexes table.

Calculate the EACf and the VACf. Based on your data, what is your assessment

of the current status of the project? At completion?

Explanation / Answer

1) Given Actual cost(AC) = $2,000

Earned cost(EC)= $2100

Planned cost(PC)= $2,400

Cost Variance = CV= EV - AC = 2,100 - 2,000 =$ 100

Schedule Variance = EV - PV = 2,100 - 2,400 = - 3,00

2)

Given EV= $600

AC = $650

PC= $ 560

Cost Variance = CV= EV - AC = 600 - 650 = - $50

Schedule Variance = EV - PV = 600 - 560 = $40

CPI = EV/AC = 600/650 = 0.923