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
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