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Problem 1. Find the schedule and cost variances for a project that has an actual cost at month 22 of $540,000, a scheduled cost of $523,000, and an earned value of $535,000. What is your overall interpretation of this result?
Problem 2. A sales project at month 5 had an actual cost of $34,000, a planned cost of $42,000, and a value completed of $39,000. Find the cost and schedule variances, the CPI, and the SPI. What is your overall interpretation of this result?
Problem 3. A software development project at day 70 exhibits an actual cost of $78,000 and a scheduled cost of $84,000. The foreman estimates a value completed of $81,000. What are the cost and schedule variances and the CSI? Estimate the time variance. What is your overall interpretation of this result?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9370526

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