8 EARNED VALUE ANALYSISThe following project is reported to be at the end of its 8 week. Find the cost and schedule variances.Also find the CPI, SPI, CSI, ETC and EAC for the project. Find the condition of the project at the this reporting period.PVACBudget($)DurationActual Cost%D-8Activity Predecessor (s)(week)($)Complete300400A3100A3В4200180100B:4C725030090A860040050400200В40150180FВ4100GC410020040500HD, E2300F, G3JH, I1100ㅇCO프(-)

From the network diagram, we can see that C-G-I-J is the critical path with duration = 15 weeks

Answered: The following project is reported to be…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 21P

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quetion 1 a)What is a burn-down chart? What purpose does it serve? b)Why should a project manager be concerned with monitoring a project’s progress? c) Describe how the SPI and CPI can be used to forecast the final cost of a project?

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