Find the EV,SV,CV,AV ,SPI and CPI of the project

1. Project Management
Important Equations for the
Final and Assignment Test
Mahesh Kodituwakku

2. EV = budget cost * % of work done

3. Scheduled Variance
SV = EV - PV
If SV < 0
Project is behind the Scheduled

4. Cost Variance
CV = EV - AC
If CV < 0
Cost over run

5. Account Variance
AV = PV - AC
Difference between current budget and
the actual expenditure

6. Performance Index

7. Scheduled Performance Index
SPI = EV / PV

8. Cost Performance Index
CPI = EV / AC

9. If
SPI and CPI >1.0
Work head of scheduled and under
budget

10. Study following details given below and find the
EV,SV,CV,AV ,SPI and CPI of the project

11. Answer