PROBLEM
Day AC PV EV
65 $550 $735 $678
a) Calculate the cost variance (CV).
678-550=128
b) Calculate the cost performance index (CPI).
678
550 = 1.23
c) Calculate the schedule variance (SV).
678-735=-57
d) Calculate the schedule performance index (SPI).
678
735 = 0.92
e) Given these data, what should a project manager do with respect to this project?