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QUESTION
A Project has just completed the 87th item in its action plan. It was scheduled to have spent $168,000 at this point in the plan but has actually...
A Project has just completed the 87th item in its action plan. It was scheduled to have spent $168,000 at this point in the plan but has actually spent only $156,000. The foreman estimates that the value of the work actually finished is about $162, 000. What are the spending and schedule variances for the project? What are the SPI and CPI?
