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?