Earned Value Calculation
Your project has four activities. Below is the current status of each activity.
Activity A was to have cost $250,000 when complete. Its costs so far are $165,000. It is 50% complete. The activity has completed 7 weeks of a planned 15-week schedule.
Activity B is at the end of week 2 of a planned 4-week effort. It is 65% complete. It was to cost $190,000 when finished. Its costs to date are $150,000.
Activity C is finished. It finished 2 weeks late. It cost $200,000. And it was planned to have cost $250,000.
Activity D is at the end of its fourth of a planned 6-week schedule. It has cost $350,000 so far. It was estimated to cost $500,000 when finished. It is approximately 55% complete.
Using this data, calculate the following.
1. What are the PV, EV, and AC for each of the activities and the complete project?
2. Calculate the CV, SV, CPI, and SPI for each activity and the total project.
3. What is your assessment of the project at this time?