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You are managing a project to film 5 promotional videos to be posted on youtube. Your...

You are managing a project to film 5 promotional videos to be posted on youtube. Your project has a BAC of $12,000. One of the tasks on the critcal path is to arrange filming locations. The task has a BAC of $2,000. You have confirmed 4 of the 10 locations. The task is scheduled to take 2 weeks (10 days), and it is the end of day 2. You have spent $300 so far.

A) identify the tasks BAC, AC, EV, and PV

B) Calculate SPI CPI

C) What do the results tell you about the task's schedule and budget?

Business   Operations-Management   
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Answer #1

Here the value of CPI is greater than 1 it means the project is performing well against the budget. Thus tasks are running well on budget. SPI schedule performance Index describes the close actual work is being finished as compared to the schedule.

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