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Use the accompanying template to help complete the following exercises: 1. In month 9 the following Project Stallion information is available: Actual cost is $2,000,
Use the accompanying template to help complete the following exercises: 1. In month 9 the following Project Stallion information is available: Actual cost is $2,000, earned value is $2, 100, and the planned cost is $2,400. Compute the SV and CV for the project. What is your assessment of the project on month 9? 2. On day 51 Project Blue has an earned value of $600, an actual cost of $650, and a planned cost of $560. Compute the SV and CV for the project. What is your assessment of the project on day 51? Task % Complete EV AC PV CV SV Cost Variance CV = EV - AC Schedule Variance SV = EV - PV 1. (PV) Planned cost of the work scheduled 2. (EV) Budgeted cost of the work completed Cumulative Totals 3. (AC) Actual cost of the work completed
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