team_11_chapter7_homework.doc-personal.psu.edu.docVIP

Michele Lang Blair Kostick Tom Pacewicz Clint McBride Bhavesh Joshi Numbers 1, 2, 5 Due Tuesday at 10 PM 1.1.Given the following information for a one-year project,answer the following questions.Recall that PV is the planned value, EV is the earned value, AC is the actual cost, and BAC is the budget at completion. PV $23,000 EV $20,000 AC $25,000 BAC $120,000 a What is the cost variance, schedule variance, cost performance index CPI , and schedule performance index SPI for the project? Earned Value - Actual Cost Cost Variance $20,000 - $25,000 -$5,000 Earned Value - Planned