Question
After 3 months, the progress of a project is reported as follows: Planned Completed Work 20% Actual Completed Work 10% Budget Spent so far 300,000
After 3 months, the progress of a project is reported as follows:
Planned Completed Work | 20% |
Actual Completed Work | 10% |
Budget Spent so far | 300,000 |
Total Budget | 1,000,000 |
Please answer the following questions (a to m) and please show your work to get full credit.
a. What is the Budget at Completion (BAC)? )
b. What is the Earned Value (EV)?
c. What is the Planned Value (PV)?
d. What is the Actual Cost (AC)?
e. What is the Cost Variance (CV)?
f. What is the Schedule Variance (SV)?
g. What is the Cost Performance Index (CPI)?
h. What is the Schedule Performance Index (SPI)?
i. What is the Estimation at Completion (EAC)?
j. What is the Estimation to Completion (ETC)?
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