Explain cost variance and schedule variances for each task, Operation Management

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You are the project manager for the following project which started Feb. 1st, 2009. It is now March 1sr, 2009. Prepare a monthly status report for February 2009, using the project data below. Your status report should include the following-

1. Cost variance and schedule variances for each task.

2. Summary (project-level) earned value measures, including:

a. Cost and schedule variance.

b. cost and schedule variance %

c. CPI and SPI.

d. EAC (Estimate at Completion)

e. VAC (Variance at Completion)

f. TEAC (Time Estimate at Completion.

g. Percent complete

h. Percent money spent.


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