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Completed three months of the project

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Reference no: EM131750705

Assume you have completed three months of the project FG. The Budget at Completion (BAC) was 200,000 for this six-month project. Also assume the following:

  • Planned Value (PV) = $ 120,000
  • Earned Value (EV) = $ 60,000
  • Actual Cost (AC) = $ 90,000

1. Calculate the following:

 Cost Variance (CV) =?

Schedule Variance (SV) =?

Cost Performance Index (CPI) =?

Schedule Performance Index (SPI) =?

Estimated time to complete =?

2. Explain the meaning of the obtained results for all CV, SV, CPI, and SPI formulas in the above questions?

(Hint: CPI value is =1, means the cost of the project is on budget)

Reference no: EM131750705

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