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Given the following sets of information, please assess the progress of the project at the end of Day 7. Please calculate Cost Variance (CV),
Given the following sets of information, please assess the progress of the project at the end of Day 7. Please calculate Cost Variance (CV), Cost Performance Index (CPI), Schedule Variance (SV) and Schedule Performance Index (SPI) based on the data given below. Table 1 shows the data for each project activity. Table 2 shows the schedule of the project and Table 3 presents the planned and actual progress as well as the actual cost of the project activities at the end of Day 7. Please use your 7-digit student ID in the sequence for the cost per day of each activity (Z values) in the Table 1, and calculate BAC accordingly. For example, if your student ID is s1234567 then the cost per day of Activity A will be $100, Activity B will be $200, Activity C will be $300, Activity D will be $400, Activity E will be $500, Activity F will be $600 and Activity G will be $700. Note: In Question 2, if you have 0 in your student ID, then please use 1. Note: Please edit the values in red according to your student ID in Table 1. Table 1: Project activity data Duration (Days) Cost/Day ($00s) Activity BAC ($) =YxZ Y Z A 2 1 200 B 3 2 600 3 3 900 2 4 800 1 5 500 1 6 600 1 7 700 Reporting Date 8 9 CDEFG BDEF Table 2: Project schedule Activity A BCDEFG Predecessors A B G 1 2 3 4 5 6 7 10 Table 3: Project progress data (Field Report at end of Day 7) Actual Complete Activity (%) A 100 B 100 C 33.33 D 50 E 0 F 0 G 0 Scheduled Complete (%) 100 100 66.67 100 0 0 0 Actual Incurred Cost ($) 2000 1800 1200 1100 0 0
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