Your company supplies swimming pools. You are in the process of installing the following project. The present time is early Monday week 4 prior to starting the Landscaping Activity.

Using this table, please answer the following questions. MAKE SURE TO SHOW WORKING OUT! :

1. What is the earned value of the project?

2. If the time of the review was early Monday week 4, what would be the planned value of the project?

3. What is the budgeted cost at completion?

4. Calculate the Cost Variance (CV) for the project. Formula: CV= EV AC 2.

5. Calculate the Schedule variance (SV) for the project1. Formula: SV = EV PV

\begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline WBS & \multirow{2}{*}{ Scheduled Start } & \multicolumn{3}{|c|}{ Budget Cost (Planned Value) } & \multicolumn{3}{|c|}{ Actual Cost } & Started & Completed \\ \hline Hours & Cost Per Hour & Cost & Hours & Cost Per Hour & Cost & & \\ \hline Dig Hole & Monday Week 1 & 60 & $65 & $3,900 & 80 & $65 & $5,200 & Yes & Yes \\ \hline Install Pool & Tuesday Week 2 & 80 & $65 & $5,200 & 90 & $65 & $5,850 & Yes & Yes \\ \hline Install Equipment & Wednesday Week 3 & 40 & $65 & $2,600 & & & $0 & No & No \\ \hline Landscape Monday Week 4 & 60 & $65 & $3,900 & & & $0 & No & No \\ \hline Total & & 240 & & $15,600 & 170 & & $11,050 & & \\ \hline \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline WBS & \multirow{2}{*}{ Scheduled Start } & \multicolumn{3}{|c|}{ Budget Cost (Planned Value) } & \multicolumn{3}{|c|}{ Actual Cost } & Started & Completed \\ \hline Hours & Cost Per Hour & Cost & Hours & Cost Per Hour & Cost & & \\ \hline Dig Hole & Monday Week 1 & 60 & $65 & $3,900 & 80 & $65 & $5,200 & Yes & Yes \\ \hline Install Pool & Tuesday Week 2 & 80 & $65 & $5,200 & 90 & $65 & $5,850 & Yes & Yes \\ \hline Install Equipment & Wednesday Week 3 & 40 & $65 & $2,600 & & & $0 & No & No \\ \hline Landscape Monday Week 4 & 60 & $65 & $3,900 & & & $0 & No & No \\ \hline Total & & 240 & & $15,600 & 170 & & $11,050 & & \\ \hline \hline \end{tabular}