Discuss the below in detail:
Q1. Determine the schedule and cost variance for a project that has an actual cost at month 20 of $750,000, a scheduled cost of $600,000 and an earned value of $700,000.
Q2. Determine the schedule variance, cost variance, SPI, CPI, and CSI for a project that has an actual cost at month 12 of $90,000, a scheduled cost of $100,000 and an earned value of $120,000.
Q3. A software development project at day 60 exhibits an actual cost of $300,000 and a scheduled cost of $375,000. The software manager estimates a value completed of $300,000. Determine the schedule variance, cost variance, SPI, CPI, and time variance for the project.
Q4. A project to develop a county park has an actual cost in month 24 of $240,000, a planned cost of $290,000, and a value completed of $80,000. Determine the schedule variance, cost variance, SPI, CPI, and CSI for the project.