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The following Earned Value analysis is being reported on a project status report. Respond to the questions below. Project Statistics AC - Actual Cost: $100,000

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The following Earned Value analysis is being reported on a project status report. Respond to the questions below. Project Statistics AC - Actual Cost: $100,000 PV - Planned Value: $85,000 EV - Earned Value: $90,000 . . Cost Variance (CV) = -$10,000 Schedule Variance (SV) = $5,000 Cost Performance Index (CPI) = 90 Schedule Performance Index (SPI) = 1.06 a. Is the project ahead or behind schedule? b. is the project over or under budget? c. What are 2 possible reasons why a project might end up behind or ahead of schedule. d. List one important action that you learned in this class to bring an underperforming project back on track. B 1 % 3 5 O EL

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