What are the cost and schedule variances

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Reference no: EM132024723

Assume that operations on a work package were expected to cost $1500 to complete the package. They were originally scheduled to have been finished today. At this point, however, we have actually expended $1350, and we estimate that we have completed two-thirds of the work. What are the Cost and Schedule variances? Calculate CPI, SPI, ETC & EAC. Interpret the results (what does it all mean).

Reference no: EM132024723

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