Solution-What is the cost variance-schedule variance

What is the cost variance-schedule variance

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Reference no: EM132267426

EVA Problem

You are building a 4-sided fence. Each side is of equal length and you estimate that each side will contain the same material and labour costs as well as take the same amount of time to complete. You estimate that the project will take 4 days to complete and your budget, including a contingency reserve, is Rs. 4,000. At the end of 3 days, you are asked to prepare an Earned Value calculation in order to determine how the project is progressing. You determine that as of the end of day 3, total costs incurred are Rs. 3,500 and 70% of the project is completed. What is the Cost Variance, the Schedule Variance, the CPI and SPI, EAC, VAC and ETC?

Reference no: EM132267426

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What is the cost variance-schedule variance

Reference no: EM132267426

Reference no: EM132267426

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