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PROBLEM 2 : An activity on the critical path of a project was scheduled to be completed within 1 5 weeks with a budget of

PROBLEM 2:
An activity on the critical path of a project was scheduled to be completed within 15 weeks with a budget
of $9,000. During a performance review that took place 8 weeks after the activity was initiated, it was
found that 45% of the work had already been completed and that the actual cost was $5,200.
a.) Calculate the earned value of the activity.
b.) Calculate the cost and schedule indices for the activity.
c.) Calculate the expected duration and the expected total cost at completion using the cost index
and the schedule index.
d.) Present your conclusions. (What is going on with this activity?)
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