Problem 1: A sales project at month 5 had an actual cost of $34,000, a planned cost of $42,000, and a value completed of $39,000. Find the cost and schedule variance and the CPI and SPI.
Problem 2: A project to develop a county park has an actual cost in month 17 of $350,000, a planned cost of $475,000, and a value completed of $300,000. Find the cost and schedule variances and the three indexes.
Problem 3: A project to develop technology training seminars is 5 days behind schedule at day 65. It had a planned cost of $735,000 for this point in time, but the actual cost is only $550,000. Estimate the schedule and cost variances. Re-estimate the variances if the actual cost had been $750,000.
Problem 4: For the following test marketing project at week 6, calculate the cost, schedule, and time variances. Also, calculate the CPI, SPI, CSI,, and the ETC and EAC.
Activity Predecessors Duration WKs Budget $ Act Cost$ % completed
a -- 2 300 400 100
b -- 3 200 180 100
c a 2 250 300 100
d a 5 600 400 20
e b,c 4 400 200 20
Problem 5: Resolve problem 8 using MSP. Omit the calculations for CPI, SPI, and CSI.