Consider the following project activities their cost

Question

Consider the following project activities, their cost, baseline time, actual time spent, and estimated time to completion:

Task     Estimated Cost per hour     Baseline Duration     Actual time spent     Estimated time to finish

A                $75                                     14 hr                      15 hr                         1 hr

B                $92                                     19 hr                       18 hr                         2 hr

C               $135                                    11 hr                        9 hr                           2 hr

D                $110                                    13 hr                       13 hr                         1 hr

Calculate the following project values showing your work:

Planned Value

Actual Cost

Earned Value

Schedule Variance

Cost Variance

Schedule Performance Index and

Cost Performance Index