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a. In month 9 the following project information is available: actual cost is $2,000, earned value is $2,100, and planned cost is $2,400. Compute the Schedule Variance and Cost Variance for the project.

b. On day 51 a project has an earned value of $600, an actual cost of $650, and a planned cost of $560. Compute the Schedule Variance, Cost Variance, and Cost Performance Index for the project. What is your assessment of the project on day 51?

Operation Management, Management Studies

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