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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 :
An activity on the critical path of a project was scheduled to be completed within weeks with a budget
of $ During a performance review that took place weeks after the activity was initiated, it was
found that of the work had already been completed and that the actual cost was $
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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