The concept of the "democracy of goods" means what?
1. Fill in the blanks: By Mistake, someone left spaces unfilled in the status report below.
a. Please complete the report by filling in the missing data.
b. Review the Earned Value analysis for Task C. What is your assessment of this project?
c. Review the Earned Value analysis for Task A. What is your assessment of this project?
Activity PV EV AC SV CV CPI SPI
A 100 100 150
B 200 90 0
C 350 -100
D 400 300 -50
E 175 150 25
TOTALS 1000
2. Consider the scenario shown in the following Table. As you can see, the work is linear with time but not linear with cost. One of your team member's tasks is planned to take five weeks. When you collect status, your team member advises you that he is only 60% complete and has spent $10,000 on the portion that has been completed. You were expecting a report that this particular task was 80% complete and that $8,000 had been spent.
a). What is the earned value for this task?
b). What is the status of this task?