The project has a total budgeted amount of $200,000 and is scheduled to take 12 months. At the end of the third month the EV = $50,000 and a SPI of 1.1 and CPI of 1.2. A. What is the AC? B. What is...

• The project has a total budgeted amount of $200,000 and is scheduled to take 12 months. At the end of the third month the EV = $50,000 and a SPI of 1.1 and CPI of 1.2.

A. What is the AC?

B. What is the PV?

C. What is the EAC? What does this mean?

D. What is the estimated time to completion? What does this mean?

E. Briefly discuss the output. Are you over/under budget? Are you ahead/behind schedule

• The earned value on your project is $280. The actual cost is $350. The planned value = $260. The total project budget is $500.

A. What is the CV and SV? What is the CPI and SPI?

B. Assuming this trend continues, what is the project’s estimate at completion (EAC)?

C. Assume the current variances are atypical and that the remaining work will be completed using the original estimates. What is the project’s estimate at completion (EAC)?

D. EXTRA CREDIT: Assume the remaining work will be impacted by both the current cost and schedule. What is the project’s estimate at completion (EAC)?

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