Answered step by step
Verified Expert Solution
Question
1 Approved Answer
PLEASE answer the questions above. Please make copy paste available. LP6.2 Assignment: Project Consider the following values for a one-year project: (Planned Value) $23,000 (Earned
PLEASE answer the questions above. Please make copy paste available.
LP6.2 Assignment: Project Consider the following values for a one-year project: (Planned Value) $23,000 (Earned Value) EV $20,000 (Actual Cost) AC $25,000 (Budget at Completion) BAC $120,000 Create a Word and/or Excel document to record your answers to the following questions: . What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) this project? . How is the project doing? Is it ahead of schedule or behind? Is it under budget or over budget? - Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project performing better or war than planned? , use the schedule performance index (Spi) to estimate how long it wll take to finish this project . Sketch the earned value chart based for this project, using figure 7-5 on page 294 as a guideStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started