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A project has completed its 11 th week and has an actual cost (AC) of $260,000 so far. The workers believe they are about 70% of the way toward...
A project has completed its 11th week and has an actual cost (AC) of $260,000 so far. The workers believe they are about 70% of the way toward completion. There are fourteen more weeks to go. The complete project's estimated budget at completion (BAC) was originally estimated to be $328,000 with the costs distributed evenly and equally across each week of work.
Compute the following values:
i. Cost/spending variance
ii. Schedule variance
III. Cost Performance Index (CPI)
iv. Schedule Performance Index (SPI)
v. Estimated Remaining Cost to Completion (ETC)
vi. Estimated Total Project Cost at Completion (EAC)
