Expert Solutions

You have a project budget of $500,000. The project is a 10 month project and the budget analyst planned to spend $50,000 per month on the project. At month 6, you review the project status and you realize the project is 40% complete. Assume you are at the end of month 6 and will include month 6's work into your EV calculation. The project has spent $425,000 to date. Using the formulas from your book, answer the following questions:

Calculate the following values:
• PV
• EV
• AC
• SV
• CV
• BAC
• EAC
• CPI
• SPI