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Canyouhelpme with this questionYou are managing a project to expand a major county road in your area. The project is expected to take 1 year
Canyouhelpme with this questionYou are managing a project to expand a major county road in your area. The project is expected to take 1 year and the expenses are budgeted to be $12,500 per month. Six months after the project started, you find out that the project is 50% complete, and that you have spent $70,000. Fill in the information in the table below:
Item | Value |
BAC | |
PV | |
EV | |
AC | |
CV = EV-AC | |
SV = EV PV | |
CPI = EV/AC | |
SPI = EV/PV | |
EAC = BAC/CPI | |
ETC = EAC-AC | |
VAC = BAC-EAC | |
TCPI (Cost) = (BAC-EV)/(BAC-AC) |
Based on the values you computed, is the project ahead of schedule or behind schedule? Will the project be completed under budget or will it exceed the budget?
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