Reference no: EM131487829

Earned Value Exercise

Complete the following problems:

1. The following project is at the end of its first week. Find the cost and schedule variances, the cost performance index, the schedule performance index and the estimate at completion.

Task	Predecessors	Duration in days	Planned Value ($)	Actual Cost ($)	Percent Complete
A	None	2	500	650	100
B	None	3	1000	1500	100
C	A	2	200	300	50
D	A	5	600	600	20
E	B ,C	6	1200	550	10

To do this exercise, it is best to start with a Gantt chart depicting the task relationships.

CV ______________________     CPI ________________

SV ______________________      SPI ________________

EAC _____________________

2. Using the following information, calculate the cost performance index and the schedule performance index. Then calculate the estimate at c

Planned value: 6700

Earned value: 6100

Actual costs: 7300

Budget at completion: 38900

CPI _______________________                    SPI  _____________________________

EAC ______________________

3. The following project is at the end of its third week. Find the cost and schedule variances, the cost performance index, the schedule performance index and the estimate at completion.

Task	Predecessors	Duration in days	Planned Value ($)	Actual Cost ($)	Percent Complete
A	None	3	600	650	100
B	A	5	1000	1500	100
C	A	2	200	300	100
D	A	5	1000	600	100
E	B ,C	6	1200	1200	100
F	C	10	10000	12000	75
G	F	7	700	0	0
H	G	8	1600	0	0

To do this exercise, it is best to start with a Gantt chart depicting the task relationships.

CV ______________________     CPI ________________

SV ______________________      SPI ________________

EAC _____________________

4. Mary is the project manager for a web design project for Newberry Pet Foods. So far in the six weeks (of the twelve week project), Mary's team has completed five tasks which had a combined planned value of $7800. However, the team spent $8200 to complete those tasks. She has five additional tasks to complete the project.  What are the PV, EV, AC, CV, SV, CPI, and SPI for Mary's project?

5.  Consider the following information:

PV=6500

EV=5000

AC=7200

BAC=32000

Expected Duration=12 weeks

Calculate the following:

CV __________________

SV __________________

CPI __________________

SPI __________________

EAC __________________

Duration at Completion _______________