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Given the following EVM data: Planned Value (PV): $800,000 Earned Value (EV): $750,000 Actual Cost (AC): $780,000 Questions: Calculate the Cost Variance (CV) and Schedule
Given the following EVM data:
- Planned Value (PV): $800,000
- Earned Value (EV): $750,000
- Actual Cost (AC): $780,000
Questions:
- Calculate the Cost Variance (CV) and Schedule Variance (SV).
- Determine the CPI and SPI.
- Discuss the implications of these values for project performance and future planning.
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
