Question 2 (10 Points)

After 1 month, the progress of a project is reported as follows:

Planned Completed Work 10%

Actual Completed Work 5% Budget Spent so far 15,000

Total Budget 100,000

A. Please calculate the following values (please show the formula and your work for each of the values for full credits (6 points): Budget at Completion (BAC) Earned Value (EV) Planned Value (PV) Actual Cost (AC) Cost Variance (CV) Schedule Variance (SV) Cost Performance Index (CPI) Schedule Performance Index (SPI) Estimate at Completion (EAC) Estimate to Completion (ETC) Remaining Work based on BAC Remaining Fund based on BAC

B. Please define To-Complete Performance Index (TCPI) in English (2 points) and calculate TCPI to meet the current EAC (please show formula and your work) (2 points)

Question 2 (10 Points) After 1 month, the progress of a project is reported as follows: Planned Completed Work 10% Actual Completed Work 5% Budget Spent so far 15, 000 Total Budget 100, 000 A. Please calculate the following values (please show the formula and your work for each of the values for full credits (6 points): Budget at Completion (BAC) Earned Value (EV) Planned Value (PV) Actual Cost (AC) Cost Variance (CV) Schedule Variance (SV) Cost Performance Index (CPI) Schedule Performance Index (SPI) Estimate at Completion (EAC) Estimate to Completion (ETC) Remaining Work based on BAC Remaining Fund based on BAC B. Please define To-Complete Performance Index (TCPI) in English (2 points) and calculate TCPI to meet the current EAC (please show formula and your work) (2 points)