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You are managing a project where you have been allocated a total of $ 146000 to deliver this project. You will need 7 people to

You are managing a project where you have been allocated a total of $ 146000 to deliver this project. You will need 7 people to work on this project on a 40 hour schedule per week. The expected duration of the project is 16 weeks. You realize that you just completed the 11th week and the team has only completed 63% of the work. You have spent a total of $98,000 so far.

a) Calculate the following: (16 points)

1. BAC

2. PV

3. EV

4. AC

5. SV

6. CV

7. SPI

8. CPI

  • You must show the working/ formula to get credit for the answer.
  • If your answers are wrong, you will receive some credit if you applied the correct formula.
  • If your answers are correct and you dont show the working in detail, you will not be awarded any points.
  • You must pay careful attention to including the units for your answers. Ex: Meters, inches, currency, etc. If the units are missing, some points will be deducted accordingly.

b) What is your opinion about the projects performance in terms of schedule and budget? (4 points)

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