You have a project to build a new fence. The fence will form a square. Each side is to take one day to build, and $1000 has been budgeted per side. The sides were planned to be completed one after the other; however, circumstances changed on the project, and work on the sides was able to proceed in parallel. Assume therefore that the sides have a finish-to-finish relationship instead of a finish-to-start relationship, so more than one side can be worked on at the same time. Today is the end of day 3.

Using the following project status chart, calculate PV, EV, etc. and provide your own interpretation of your EVA calculations

1. PV
2. EV
3. AC
4. BAC
5. CV
6. CPI
7. SV
8. SPI
9. EAC
10. ETC
11. VAC

Activity Day 1 Day 2 Day 3 Day 4 Status End of Day 3 PS PF Side 1 100% Completed, spent $1,000 Actual PS PF Side 2 100% Completed, spent $900 Actual PS PF Side 3 50% done, spent $600 S PS PF Side 4 75% done, spent $600 S PS--Planned Start PF--Planned Finish S--Actual Start