Reference no: EM13901285
Given the following information for a one-year project, answer the following questions.
Planned Value (PV) = $30,000
Earned Value (EV) = $27,000
Actual Cost (AC) = $25,000
Budget at Completion (BAC) = $150,000
What is the cost variance, schedule variance, cost performance index, and schedule performance index for the project?
Is the project ahead of schedule or behind schedule?
Is the project under budget or over budget?
Use the cost performance index to calculate the estimate at completion (EAC) for this project. Is the project performing better or worse than planned?
Use the schedule performance index to estimate how long it will take to finish this project.
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