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A project has been estimated to take six weeks and cost $115,000. Cost and percent complete data are provided below: Task $/Task Week 1 Week

A project has been estimated to take six weeks and cost $115,000. Cost and percent complete data are provided below: image text in transcribed

Task $/Task Week 1 Week 2 Week 3 Week 4 Week 5
A $15,000 100% 100% 100% 100% 100%
B $10,000 100% 100% 100% 100%
C $25,000 75% 100% 100% 100%
D $25,000 40% 80% 100%
E $10,000 40% 100% 100%
F $10,000 30% 80%
G $5,000 40% 100% 100%
H $15,000 40%
ACWP $6,500 $23,000 $54,000 $80,000 $90,000

1)

Fill in the Earned Value table above to show PV, EV, AC, the cost variance (CV) and Schedule variance (SV) at each week through and including week 5.

Week PV EV AC CV SV
1
2
3
4
5
6

What is your interpretation of this cost data?

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