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Project Management
Given the following information for a one-year project, answer the following questions. Recall
that PV is the planned value, EV is the earned value, AC is the actual cost, and BAC is the
budget at completion. PV= $22,000 EV= $20,000 AC= $25,000 BAC= $120,000 a) What is the
cost variance, schedule variance, cost performance index (CPI), and schedule performance index
(SPI) for the project? How is the project doing? Is it ahead of schedule?

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Project ManagementGiven the following information for a one-year p.pdf

  • 1. Project Management Given the following information for a one-year project, answer the following questions. Recall that PV is the planned value, EV is the earned value, AC is the actual cost, and BAC is the budget at completion. PV= $22,000 EV= $20,000 AC= $25,000 BAC= $120,000 a) What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the project? How is the project doing? Is it ahead of schedule?