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Consider the following summary interim cost reports of a project, say in week 1 0 . Assume that A , B , C and D

Consider the following summary interim cost reports of a project, say in week 10. Assume that A, B, C and D are the only work packages in the project.
(Hint: One of the columns gives you PV directly. There is no need to separately calculate it.)
a) Calculate the EV, CV and SV for each activity. What is your assessment of the progress of each activity? (5 Points)
b) Calculate the EV, CV, SV, CPI and SPI for the project, and the critical ratio (CR). What is your assessment of the entire project so far based on these calculations? (5 Points)
c) There are several formulae available for calculation of the Estimated (remaining cost) to completion (ETC). Once you have ETC, you can calculate
Projected (total cost) estimated at completion (EAC) as ETC + AC
Consider the following two versions for calculating ETC.
Method I: ETC =(Budgeted cost of all remaining work)/ CPI
i.e., ETC =(BAC EV)/ CPI , where BAC is Budget at completion.
EAC = ETC + AC
Method II:
ETC = Budgeted Cost for all remaining work
EAC = ETC + AC
Calculate the Projected (total cost) estimated at completion (EAC) for the project using the two methods. Do the EACs under the two methods differ? Why or Why not? (5 Points)
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