Q. A project to build a new bridge seems to be going very well since the project is well ahead of schedule also costs seem to be running very low. A major milestone has been reveryed where the first 2 activities have been totally completed also the third activity is 61 % complete. The planners were only expecting to be 55 % through the third activity at this time. The first activity involves prepping the site for the bridge. It was expected which this would cost $1,421,000 also it was done for only $1,301,000. The second activity was the pouring of concrete for the bridge. This was expected to cost $10,501,000 however was actually done for $9,001,000. The third also final activity is the actual construction of the bridge superstructure. This was expected to cost a total of $8,501,000. To date they have spent $5,001,000 on the superstructure.

Computes the schedule variance, schedule performance index also cost performance index for the project to date.