Stakeholders have asked for an updated status on the project schedule as well as a remainingcost projection. You decide to provide several cost and schedule performance figures for theproject on the status report. Build-out is behind schedule. They were scheduled to be completed by the 15th of January, but they arent going to finish up until the 24th. Whats that going to do to my schedule? Jill asks. Im starting interviews for the store positions on the 16th. I hope to have that wrapped up by the 19th. As long as I have the majority of the staff hired by the 20th, we can have them stocking shelves starting the 22nd. You tell Jill, Lets finish up the status of the other items, and Ill come back to that.

Youve calculated some performance measurements, including earned value measures, andyou show them to Jill and Dirk (all figures are in millions of dollars):

BCAC = 2;

BCWS = 1.86;

BCWP = 1.75;

ACWP = 1.70

a. What is all this telling us? Please explain what these acronyms stand for. (1 pts)

b. Please determine the earned value indicators. What can we infer from those indicators? (2 pts)

c. Based on these indicators, please chart an earned value curve. (2 pts)