1. By: Daniel Absalon, Miles Nowak, Andrew
Boyce, Omar Alwehaibi, & Andrew Boston

2.  Given:
◦ PV = $23,000
◦ EV = $20,000
◦ AC = $25,000
◦ BAC = $120,000
 Calculated:
◦ Cost Variance(CV) = $-5,000
◦ Schedule Variance(SV) = $-3,000
◦ Cost Performance Index(CPI) = 80%
◦ Schedule Performance Index(SPI) = 87%

3.  Because the CPI is 80% that means the project
is:
◦ currently behind schedule
◦ currently over-budget

4.  CPI = 80%
 BAC = $120,000
 Estimate At Completion(EAC) = BAC/CPI
◦ EAC = 120,000/.80 = 150,000
 The project is over-budget $30,000,
therefore the project is performing worse
then planned.

5.  Estimated Time to Complete = Original Time
Estimate/SPI
 Estimated Time = 1(year)/.87 = 1.149
 Estimated Time to Complete is 1.149 years.
 .149 years more then expected

6. Earned Value Chart
0
20
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60
80
100
120
140
160
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14
Month
$(InGs)
Estimate at
Completion
(EAC)
Budget
At
Completion
(BAC)
Actual Cost
Earned Value
Planned
Value
1.E