Question: Use the following information to answer parts a through h. Describe what the results of each calculation mean to you as a project manager. What do you propose to do?
PV = $25,000
EV = $30,000
AC = $29,000
BAC = $1,000,000
a. Schedule variance (SV)
b. Cost variance (CV)
c. Schedule performance index (SPI)
d. Cost performance index (CPI)
e. Estimate to complete (ETC-first method)
f. Estimate to complete (ETC-second method)
g. Estimate at completion (EAC)
h. To-complete performance index (TCPI)