Review the Table below and respond to the questions Remember to submit as a formal project document Figure 9 10 Example for Short Answer Questions (Pg 302 in Text) Activity Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Budgeted Cost $60K $40K $90K BCWS 60,000 25,000 15,000 30,000 30,000 30,000 BCWP 60,000 25,000 15,000 30,000 30,000 30,000 AC 62,000 26,000 15,000 32,000 33,000 30,000 This project has three completed activities whose duration's are indicated by the blue bars in row 2 The budgeted cost of work scheduled for each task is shown on the bar in row 2 The budgeted cost of work scheduled for each week is shown on row 3 Notice that the amounts in row 3 add up to the amounts shown on the bars Rows 4 and 5 indicate the budgeted cost of work performed and actual cost Notice that the second task started a week late What is the planned value (PV) at the end of week three Hint PV BCWS (Budgeted Cost for Work Scheduled) BCWS is each activity ( 60,000 25,000 15,000) What is the earned value (EV) at the end of week three Hint EV BCWP (Budgeted Cost for Work Performed) BCWP is each activity (60,000 25,000) What is the actual cost (AC) at the end of week three What is the cost variance (CV) at the end of week three What is the schedule variance (SV) at the end of week three What is the planned value (PV) at the end of week seven What is the earned value (EV) at the end of week seven What is the actual cost (AC) at the end of week seven What is the cost variance (CV) at the end of week seven What is the schedule variance (SV) at the end of week seven What is the cost performance index (CPI) at the end of week seven What is the schedule performance Index at the end of week seven If the budget at completion (BAC) for this project is $500,000, what is the Estimate to Complete (ETC) at the end of week seven if the cost and schedule variances experienced are typical of the remainder of the activities Hint (ETC (BAC EV) CPI) Based on your answer to the previous question, what is the estimate at completion (EAC) for this project

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Review the Table below and respond to the questions. Remember to submit as a formal project document. Figure 9.10 Example for Short Answer Questions (Pg

Review the Table below and respond to the questions. Remember to submit as a formal project document.

**Figure 9.10 Example for Short Answer Questions (Pg 302 in Text)**
Activity	Week 1	Week 2	Week 3	Week 4	Week 5	Week 6	Week 7
Budgeted Cost	$60K		$40K			$90K
BCWS	60,000	25,000	15,000	-	30,000	30,000	30,000
BCWP	60,000		25,000	15,000	30,000	30,000	30,000
AC	62,000		26,000	15,000	32,000	33,000	30,000

This project has three completed activities whose duration's are indicated by the blue bars in row 2. The budgeted cost of work scheduled for each task is shown on the bar in row 2. The budgeted cost of work scheduled for each week is shown on row 3. Notice that the amounts in row 3 add up to the amounts shown on the bars. Rows 4 and 5 indicate the budgeted cost of work performed and actual cost. Notice that the second task started a week late.

What is the planned value (PV) at the end of week three?
- Hint: PV = BCWS (Budgeted Cost for Work Scheduled) BCWS is each activity ( 60,000+25,000+15,000).
What is the earned value (EV) at the end of week three?
- Hint: EV = BCWP (Budgeted Cost for Work Performed) BCWP is each activity (60,000 + 25,000).
What is the actual cost (AC) at the end of week three?
What is the cost variance (CV) at the end of week three?
What is the schedule variance (SV) at the end of week three?
What is the planned value (PV) at the end of week seven?
What is the earned value (EV) at the end of week seven?
What is the actual cost (AC) at the end of week seven?
What is the cost variance (CV) at the end of week seven?
What is the schedule variance (SV) at the end of week seven?
What is the cost performance index (CPI) at the end of week seven?
What is the schedule performance Index at the end of week seven?
If the budget at completion (BAC) for this project is $500,000, what is the Estimate to Complete (ETC) at the end of week seven if the cost and schedule variances experienced are typical of the remainder of the activities?
- Hint: (ETC = (BAC EV)/CPI)
Based on your answer to the previous question, what is the estimate at completion (EAC) for this project?