5

Table 5.1 illustrates the planned durations (in days) and the budgeted costs of Project A.

Table 5.1 The planned duration and budgeted cost for Project A.

Activity	Predecessor	Planned duration	Budgeted cost
A	-	1	700
B	A	4	1200
C	B	3	1200
D	B	2	600
E	D	3	300

The planning engineer finds the actual work completion and incurred cost of the actual completion at the end of Day 7 as shown in the table below.

Table 5.2 Progress of Project A at Day 7.

Activity	Actual completion (%)	Incurred cost of actual completion
A	100	700
B	100	1400
C	40	650
D	33	300
E	0	0

Perform an earned value analysis to find out the following performance indicators of this project at the end of Day 7

• Planned value (BCWS)
• Earned value (BCWP)
• Actual value (ACWP)
• Cost variance (CV)
• Schedule variance (SV)