For the following questions refer to Figure 13.22.

As of week 5, for the project:

a. What is the planned value (PV)?

b. What is the earned value of the work completed (EV)?

c. What is actual cost of the project (AC)?

d. What is the value of work remaining?

e. What is the CPI?

f. What is estimated cost to complete the project (ETC)?
g. What is the estimated cost at completion (EAC)?
h. What is the estimated cost variance at completion and the percent overrun or underrun?
i. According to EV, is the project ahead of or behind schedule?
j. According to the critical path (A–C–F–H), is the project ahead of or behind schedule?

Transcribed Image Text:

A BC 0 Scheduled Activity Project status as of Week 5 % % % Complete Sched Budget at Activity on CP completion uled PV Comp EV = AC = BCWS lete BCWP ACWP A 200 100 0 100 200 240 B 1,000 100 70 900 C 400 100 60 300 D 1,200 50 100 500 E 800 0 50 440 F 900 0 0 0 G 300 0 0 0 H 500 0 0 0 LL 0 H Status Date = 5 1 2 3 4 5 6 7 4300 Week