For the following test marketing project at week 6:

a. Ignore the far right “% Complete” column, and using the 50–50 percent completion rule for PV and EV, calculate the cost, schedule, and time variances. Also calculate the CPI, SPI, CSI, and the ETC and EAC.

b. Repeat the calculations in

a, but now using the “%

Complete” column. Assume that the PV values are based on time proportionality but the “% Complete” values for EV are from the workers actually doing the tasks.LO1

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Activity a: Build items b: Supply stores Predecessors Duration (weeks) Budget, $ Actual Cost, $ % Complete 2 300 400 100 3 200 180 100 c: Create ad program a 2 250 300 100 d: Schedule ads a 5 600 400 20 e: Check sale results b, c 400 200 20