Determine the cost variance and schedule variance, Business Management

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Determine the cost variance and schedule variance

Suppose you have completed three months of project. BAC was $200 000 for this six month project. Also suppose the following:

PV = $120,000
EV = $100,000
AC = $90,000

A. Determine the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for project?

B. How is project doing? Determine whether it is ahead of schedule or behind schedule? Is it under budget or over budget?

C. Use CPI to compute estimate at completion (EAC) for this project. Is project performing better or worse than planned?

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Business Management: Determine the cost variance and schedule variance

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Request for Solution File

Ask an Expert for Answer!!

Business Management: Determine the cost variance and schedule variance

Reference No:- TGS032870

Recent Questions Asked Business Management

Q : Positive behavior intervention and support

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Q : What does project risk management mean

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