QUESTION 56 With your team you are working on a project that is supposed to be completed in FOUR months You planned that EACH MONTH you are going to spend $15000 on the work for the month At the end of the FIRST month you have spent the expected amount of $15000, but you have completed only two thirds (2 3) of the work Answer the following questions a) What is the Earned Value at the end of the first month b) Calculate the Cost Variance and the Schedule Variance c) Calculate the Cost Performance Index and the Schedule Performance Index d) Analyze the progress of the project Is the project behind or on schedule Is the project above budget e) Calculate the Estimate At Completion f) Calculate how long time will take for the project to be completed QUESTION 56 With your team you are working on a project that is supposed to be completed in FOUR months You planned that EACH MONTH you are going to spend $15000 on the work for the month At the end of the FIRST month you have spent the expected amount of $15000, but you have completed only two thirds (2 3) of the work Answer the following questions a) What is the Earned Value at the end of the first month b) Calculate the Cost Variance and the Schedule Variance c) Calculate the Cost Performance Index and the Schedule Performance Index d) Analyze the progress of the project Is the project behind or on schedule Is the project above budget e) Calculate the Estimate At Completion f) Calculate how long time will take for the project to be completed

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QUESTION 56 With your team you are working on a project that is supposed to be completed in FOUR months  You planned that EACH MONTH you are going to spend $15000 on the work for the month  At the end of the FIRST month you have spent the expected amount of $15000, but you have completed only two thirds (2 3) of the work  Answer the following questions  a) What is the Earned Value at the end of the first month  b) Calculate the Cost Variance and the Schedule Variance c) Calculate the Cost Performance Index and the Schedule Performance Index d) Analyze the progress of the project  Is the project behind or on schedule  Is the project above budget  e) Calculate the Estimate At Completion f) Calculate how long time will take for the project to be completed  QUESTION 56 With your team you are working on a project that is supposed to be completed in FOUR months  You planned that EACH MONTH you are going to spend $15000 on the work for the month  At the end of the FIRST month you have spent the expected amount of $15000, but you have completed only two thirds (2 3) of the work  Answer the following questions  a) What is the Earned Value at the end of the first month  b) Calculate the Cost Variance and the Schedule Variance c) Calculate the Cost Performance Index and the Schedule Performance Index d) Analyze the progress of the project  Is the project behind or on schedule  Is the project above budget  e) Calculate the Estimate At Completion f) Calculate how long time will take for the project to be completed

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QUESTION 56 With your team you are working on a project that is supposed to be completed in FOUR months. You planned that EACH MONTH

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