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Given the following table showing the performance of a project in the first five weeks (all values in KHKD): Weeks Elapsed 1 2 3 4

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Given the following table showing the performance of a project in the first five weeks (all values in KHKD): Weeks Elapsed 1 2 3 4 5 Planned Value 130 100 110 120 130 Accumulated planned Value 130 230 340 460 590 Earned Value 105 100 110 90 90 Accumulated Earned Value 105 205 315 405 495 Actual Cost 125 120 120 130 140 Accumulated Actual cost 125 245 365 495 635 Cost Variance Schedule Variance Accumulated Cost Variance Accumulated Schedule Variance Accumulated Cost Performance Index (CPI). Accumulated Schedule Performance Index (SPI) (1) Work out the CV, SV, CPI, and SPI of each week. Write your answers in the table above. Round up to two digits after the decimal point. (15 marks) (2) Make 2 observations about this project based on the performance in the first five weeks. (5 marks) (3) Assume that the planned value for the whole project is 1000K HKD, and that the project continues at its present cost efficiency rate. What would be the expected cost variance at the end of the project (i.e., when we achieve the 1000 planned value)? (5 marks) Given the following table showing the performance of a project in the first five weeks (all values in KHKD): Weeks Elapsed 1 2 3 4 5 Planned Value 130 100 110 120 130 Accumulated planned Value 130 230 340 460 590 Earned Value 105 100 110 90 90 Accumulated Earned Value 105 205 315 405 495 Actual Cost 125 120 120 130 140 Accumulated Actual cost 125 245 365 495 635 Cost Variance Schedule Variance Accumulated Cost Variance Accumulated Schedule Variance Accumulated Cost Performance Index (CPI). Accumulated Schedule Performance Index (SPI) (1) Work out the CV, SV, CPI, and SPI of each week. Write your answers in the table above. Round up to two digits after the decimal point. (15 marks) (2) Make 2 observations about this project based on the performance in the first five weeks. (5 marks) (3) Assume that the planned value for the whole project is 1000K HKD, and that the project continues at its present cost efficiency rate. What would be the expected cost variance at the end of the project (i.e., when we achieve the 1000 planned value)

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