Use the Expected Value technique to monitor and control the following project on the specified days. Task Duration (days) Predecessor Budget A 3 600 B 2 400 C 4 600 D 2 A 200 E 4 B 800 F 3 C 600 G 3 D, E, F 1200

1. With the project information create the project baseline chart.

2. When the project was at day 2 the following data was collected Actual costs %CompleteTask 2 days 2 days A 700 60% B 450 100% C 400 50% D 0 0% E 0 0% F 0 0% G 0 0%

a. Find the cost and schedule variances. Also, find the CPI, SPI and CR.

b. Forecast the estimated final budget using the ETC and EAC.

c. What can you say about the health of the project? Elaborate

3. When the project was at day 3 the following data was collected Actual costs %CompleteTask 3 days 3days A 750 100% B 450 100% C 500 80% D 0 0% E 200 20% F 0 0% G 0 0%

a. Find the cost and schedule variances. Also, find the CPI, SPI and CR.

b. Forecast the estimated final budget using the ETC and EAC. c. What can you say about the health of the project? Elaborate

4. When the project was at day 5 the following data was collected Actual costs %CompleteTask 3 days 3days A 750 100% B 450 100% C 500 80% D 0 0% E 200 20% F 0 0% G 0 0%

a. Find the cost and schedule variances. Also, find the CPI, SPI and CR.

b. Forecast the estimated final budget using the ETC and EAC.

c. What can you say about the health of the project? Elaborate

5. You are the project manager of a project that has 34 weeks of total duration. You are evaluating the status of your project at week 17. What does it mean to have an ETC of $38,000 and an EAC of $87,000?