Earned Value Exercise

Complete the following problems:

1. The following project is at the end of its first week. Find the cost and schedule variances, the cost performance index, the schedule performance index and the estimate at completion.

To do this exercise, it is best to start with a Gantt chart depicting the task relationships.

CV ______________________ CPI ________________

SV ______________________ SPI ________________

EAC _____________________

2. Using the following information below, calculate the cost performance index and the schedule performance index. Then calculate the estimate at completion

Planned value: 7700

Earned value: 7100

Actual costs: 7900

Budget at completion: 39900

CPI _______________________ SPI _____________________________

EAC ______________________

3. The following project is at the end of its third week. Find the cost and schedule variances, the cost performance index, the schedule performance index and the estimate at completion.

To do this exercise, it is best to start with a Gantt chart depicting the task relationships.

CV ______________________ CPI ________________

SV ______________________ SPI ________________

EAC _____________________

4. Mary is the project manager for a web design project for Newberry Pet Foods. So far in the six weeks (of the twelve week project), Mary’s team has completed five tasks which had a combined planned value of $8800. However, the team spent $9200 to complete those tasks. She has five additional tasks to complete the project. What are the PV, EV, AC, CV, SV, CPI, and SPI for Mary’s project?

5. Consider the following information:

PV=6700

EV=5200

AC=7400

BAC=32000

Expected Duration=12 weeks

Calculate the following:

CV __________________

SV __________________

CPI __________________

SPI __________________

EAC __________________

Duration at Completion _______________