Question 6: Project ABC is planned for 15 months with a budget (BAC) of $150,000. If the scheduled percent of work completed after three months is 20% and the actual work completion is 15%, what is the schedule variance? What is the SPI? How is the project doing compared to the planned schedule? Your answers here (show your work)

Question 7: Project ABC is planned for 15 months with a budget (BAC) of $150,000. The scheduled percentage of work completed after three months is 20% and the actual work completion is 35%. The amount spent to date is $40,000. What is the cost variance? What is the CPI? How is the project doing when compared with the planned budget costs?