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Q3. For the following information available, answer the following questions: Budget at Planned Value Actual Costs Earned Value Schedule Cost Variance Completion Variance A $1,000

Q3. For the following information available, answer the following questions:

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Budget at Planned Value Actual Costs Earned Value Schedule Cost Variance Completion Variance A $1,000 $1,000 $1,200 $ 1,000 so B $ 500 $ 500 $ 400 $ 400 SO C $2,000 $1,500 $1,200 $1,000 D $4,000 $2,000 $2,200 $2,500 $500 $300 E $1,000 $ 0 $ 100 $ 100 $100 $0 Total $8,500 $5,000 $5,100 $5,000 So 1. Which activities are behind schedule? B & C 3. Which activities are over budget? A & C Which activities are ahead of schedule? D & E 4. Which activities are under budget? D 5. Is the project over/under budget? Over budget

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