Problem 2. A project has just completed its 87th item in the project plan. It was scheduled to have spent $300,000 at this point in the plan, but has actually spent only $250,000.
The project manager estimates that the value of the work actually finished is nearly $200,000. What are the spending and schedule variances for the project?
What are the SPI and CPI? What is the Critical Ratio?
a. CV =
b. SV =
c. SPI =
d. CPI =
e. CR =