A project has a projected timeframe of 3 months with a planned budget of $240,000 ($130,000 is month one, $60,000 in month two, and $50,000 in month three). At the end of month one, the project has the following tasks and costs:

A project has a projected timeframe of 3 months with a planned budget of $240,000 ($130,000 is month one, $60,000 in month two, and $50,000 in month three). At the end of month one, the project has the following tasks and costs:

Planned Actual

Task 1: 12,000 6,000 (task is complete)

Task 2: 30,000 44,000 (task is complete)

Task 3: 2,000 5,000 (task is complete)

Task 4: 60,000 62,000 (task is complete)

Task 5: 26,000

Total: $130,000

1) What is the budget at completion for this project? ____$154.000_________

2) What is the actual cost to date for this project at the end of month one? _____$43.000__

3) What is the EV, CV, and SV for this project?

EV is _____$106.000____.

CV is _________.

SV is _________.

4) What is CPI and SPI for this project?

CPI is __________. Is it over or under budget? __________

SPI is __________. Is it over or under schedule? _________

5) Assume a typical variance and calculate ETC and EAC.

6) Assume an atypical variance and calculate ETC and EAC.