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Problem 2. A project has just completed its 87th item in the project plan. It was scheduled to have spent $300,000 at this point in the plan, but has actually spent only $250,000.

The project manager estimates that the value of the work actually finished is nearly $200,000. What are the spending and schedule variances for the project?

What are the SPI and CPI? What is the Critical Ratio?

a. CV =

b. SV =

c. SPI =

d. CPI =

e. CR =

Operation Management, Management Studies

  • Category:- Operation Management
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