# Pm592 Week 5 Assignment

PM 592 Week 5 Assignment Problem 5-1 – Earned Value Calculation 1. What are the PV, EV and AC for the project at the end of end Day 6? PV = \$101,000 AC = \$88,880 EV = (PV x % Completed) = 101,000 x 6/7 = \$86,860 2. What are the SV, CV, SPI and CPI for the project? SV = (EV-PV) = \$86,860 - \$88,880 = \$-14,140 (Project is behind schedule) CV = (EV-AC) = \$86,860 - \$88,880 = \$-2,020 (Project is over budget) SPI = (EV/PV) = .86 (If the number is below 1.0 which means the project is behind schedule) CPI = (EV/AC) = .97 (If the number is below 1.0, so the cost is greater than budget (over-budget) 3. Asses the project performance to date? Do you get to have the celebration. No celebration. The project at the end of day 6 is overbudget and behind schedule. Problem 5-2 – 1. Calculate the schedule variance for each task and the total project. - (EV-PV) Task A – (1600 – 1600) = 0 Task B – (4000 – 4000) = 0 Task C – (12,645 – 14050) = -1405 Task D – (580 – 1450) = -870