Problem 2 (5 points) Youve been asked to calculate the EVM metrics for a project. It is currently day 20, and the following table summarizes the current status: Activity Total Planned Value Duration (days) Planned Complete as of Day 20 Actual Complete Actual Cost Startup $100,000 10 100% 100% $105,000 Construction $325,000 14 85.71% (12 days out of 14) 90% $280,000 Finishing $50,000 12 16.67% (2 days out of 14) 25% $2,500

a. Calculate the schedule variance (SV), schedule performance index (SPI), and cost performance index (CPI) for the project. b. What is your conclusion regarding the status of this project? Is it ahead of schedule or behind schedule? Is it over budget or under budget?

Problem 2 (5 points) You've been asked to calculate the EVM metrics for a project. It is currently day 20, and the following table summarizes the current status: a. Calculate the schedule variance (SV), schedule performance index (SPI), and cost performance index (CPI) for the project