Discuss the benefits and drawbacks to earned value management. Calculate values for a through i from problem 9, using the following table:

Problem 9

Use the following project status information to calculate each of the requested EVM numbers below (a–i). The project status is reported at the end of week 13.

Task Budget Cost $5,000 $8,500 $15,000 $10,000 $12,000 $15,000 A B D E FL Budget Duration 1 week 1 week 2 weeks 2 weeks 3 weeks 2 weeks Status as of Week 9 100 percent complete, $4,000 100 percent complete, $8,500 100 percent complete, $14,000 50 percent complete, $9,000 50 percent complete, $12,000 Not started