ASSIGNMENT

Earned Value Exercise

Question 1

You have just been assigned to take over a project that is already in progress. It is an 18-month project that has been running for 9 months. The project budget is $100,000. According to current work performance information, the project is 60% complete and has cost $80,000 so far.

I. What is the current Schedule Variance (SV)?

II. What is the PV for this project at this point in time?

III. Good News or Bad News?

Question 2

You have just been assigned to take over a project that is already in progress. It is an 18-month project that has been running for 9 months. The project budget is $100,000. According to current work performance information, the project is 60% complete and has cost $80,000 so far.

I. What is the current Cost Variance (CV)?

II. What is the EV for this project?

III. Good News or Bad News?

Question 3

You have just been assigned to take over a project that is already in progress. It is an 18-month project that has been running for 9 months. The project budget is $100,000. According to current work performance information, the project is 60% complete and has cost $80,000 so far.

I. What is the current Schedule Performance Index (SPI)?

II. What is the AC for this project?

III. What is the EV for this project?

IV. Good News or Bad News?

Question 4

You have just been assigned to take over a project that is already in progress. It is an 18-month project that has been running for 9 months. The project budget is $100,000. According to current work performance information, the project is 60% complete and has cost $80,000 so far.

I. What is your Estimate at Completion (EAC)?

II. What is the BAC for this project?

III. What is the CPI for this project?