DENNISWRIGHT

PROBLEM 4 [8 points]

Month	AC	PV	EV
5	$34	$42	$39

a) Calculate the cost performance index (CPI). [2 points]

CPI= BCWP/ACWP

CPI=39/34= 1.15

b) Is the project cost efficient or not efficient? [2 points]

Efficient

c) Calculate the schedule performance index (SPI). [2 points]

SPI=BCWP/BCWS

SPI=39/42=.93

d) Is the schedule efficient or not efficient? [2 points]

Not efficient

PROBLEM 5 [8 points]

Day	AC	PV	EV
65	$550	$735	$678

a) Calculate the cost variance (CV). [2 points]

CV=BCWP -ACWP

CV=678-550= 128

b) Calculate the cost performance index (CPI). [2 points]

CPI=BCWP/ACWP

CPI=678/550= 1.2

c) Calculate the schedule variance (SV). [2 points]

SV=BCWP-BCWS

SV=678-735= -57

d) Calculate the schedule performance index (SPI). [2 points]

SPI= BCWP/BCWS

SPI=678/735=.92

e) Given these data, what should a project manager do with respect to this project?

PROBLEM 6 [8 points]

Day	AC	PV	EV
65	$760	$735	$678

a) Calculate the cost variance (CV). [1 point]

CV=BCWP-ACWP

CV= 678-750= -72

b) Calculate the cost performance index (CPI). [1 point]

CPI=BCWP-ACWP

CPI=678/750=.90

c) Calculate the schedule variance (SV). [1 point]

SV=BCWP-BCWS

SV=678-735 =-57

d) Calculate the schedule performance index (SPI). [1 point]

SPI= BCWP/BCWS

SPI= 678/735=.92

e) Explain the project performance in terms of efficiency, budget, and schedule. What should the project manager do for the project? [4 points]

The CV is over budget, the CPI on a touch under budget but almost there under 1.0, the SV is behind schedule, and the SPI is not on track it is to some extent off track coming in under 1.0. The project manager should reassess the schedule, try to make provisions to make certain completion of the project on time and raise the