1. In month 9 the following project information is available: actual cost is $8,000, earned value is $8,200, and planned cost is $8,400. Compute the SV and CV for the project.

2. On day 51 a project has an earned value of $700, an actual cost of $850, and a planned cost of $760. Compute the SV, CV, and CPI for the project. What is your assessment of the project on day 51 based on your CPI result?

3. In at least two paragraphs, explain the fundamental differences between fixed-price and cost-plus contracts with some examples.