Suppose you planned to finish a project in one year and a half. The project consists of 100 tasks and each task is supposed to cost $10,000 (so budget at completion is 100*10,000= $1 million). Tasks are balanced (e.g., 3 months after the project started you should finish (3 months/15months)*100=20 tasks, and 1 year after the project started you should finish 12/15*100=80 tasks). 6 months after the project started, 30 tasks are actually finished at a total cost of $200,000.
1. Calculate PV, EV, and AC.
2. Calculate CV, SV, CPI, and SVI.
3, Calculate estimated cost at completion and estimated remaining cost at completion.
4. Estimate how many extra months are needed to finish the whole project.