The following data were obtained from a project to design a new software package:
Activity Duration Predecessors Budgeted Cost
A 3 Days -- $8,320
B 6 Days -- $11,740
C 4 Days A $11,550
D 2 Days C, B $7,850
E 3 Days A $10,750
F 2 Days D, E $8,600
At the end of day 5, the status of the project is as follows:
Activity % Complete Actual Cost
A 100% $7,200
B 50% $6,370
C 25% $8,250
D 0% $0
E 80% $8,560
F 0% $0
(a) Calculate the Cost and Schedule Variances and Indexes (CV, SV, CPI, SPI) for tasks A, B, C, D, and E.
(b) Write a brief analysis of the status of the project at this time, including task level, project level, and critical path.