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Based on the case below, answer the following questions: The duration for the project is two year. Recall that PV is the planned value, EV is the earned value, AC is the actual cost, and BAC is the budget at completion. PV = 38,000 EV = 40,000 AC = 36,000 BAC = 220,000 (a) What is the Cost Variance (CV), Schedule Variance (SV), Cost Performance Index (CPI), and Schedule Performance Index (SPI) for the project?

Based on the case below, answer the following questions: The duration for the project is two year. Recall that PV is the planned value, EV is the earned value, AC is the actual cost, and BAC is the budget at completion. PV = 38,000 EV = 40,000 AC = 36,000 BAC = 220,000 (a) What is the Cost Variance (CV), Schedule Variance (SV), Cost Performance Index (CPI), and Schedule Performance Index (SPI) for the project?

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Based on the case below, answer the following questions:
The duration for the project is two year. Recall that PV is the planned value, EV is the
earned value, AC is the actual cost, and BAC is the budget at completion.
PV = 38,000
EV = 40,000
AC = 36,000
BAC = 220,000
(a) What is the Cost Variance (CV), Schedule Variance (SV), Cost Performance Index
(CPI), and Schedule Performance Index (SPI) for the project?

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