Project Management: Performance Metrics in Project Evaluation

School: Francis Marion University - Course: BUSINESS BSBPMG409 - Subject: Accounting

PMT472 5.2 ASSIGNMENT: WEEK 5 EXERCISES CH. 13 EXERCISE 1 NOTE: SV = EV - PV; CV = EV - AC Actual Cost (AC) (given)2,000 Earned Value (EV) (given)$2,100.00 Planned Value (PV) (given)$2,4000 Schedule Variance (SV)-300 Cost Variance (CV)100In month 9 the following project information is available: actual cost is $2,000, earned value is $2,100, and planned cost is $2,400. Compute the SV and CV for the project.
PMT472 5.2 ASSIGNMENT: WEEK 5 EXERCISES CH. 13 EXERCISE 2 NOTE: CPI = EV / AC Actual Cost (AC) (given)$650 Earned Value (EV) (given)$600 Planned Value (PV) (given)$560 Schedule Variance (SV)$40 Cost Variance (CV)($50) Cost Performance Index (CPI)0.92 What is your assessment of the project on day 51? On day 51 a project has an earned value of $600, an actual cost of $650, and a planned cost of $560. Compute the SV, CV, and CPI for the project. I feel that the project is over the budget. The SV is positive which means the project is timely. Since the CPI is .92 this means that they are overbudget and higher than expected.

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