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23 July, 02:32

Assume that you have completed three months of the project. The BAC was $120,000 for this six-month project. You can also make the following assumptions:

PV = $60,000

EV = $55,000

AC = $50,000

What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the project?

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  1. 23 July, 04:59
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    PV = $60,000

    EV = $55,000

    AC = $50,000

    Cost variance = EV-AC

    =$55,000 - $50,000

    = $5,000

    Schedule variance = EV-PV

    =$55,000-$60,000

    = - $5,000

    Cost Performance Index = EV/AC

    =$55,000/$50,000

    =1.1% or 0.011

    Schedule Performance Index = EV/PV

    =$55,000/$60,000

    =0.91% or 0.0091
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