Question

Your project has a total budget of $10,000,000. At the end of week 26 of your...

Your project has a total budget of $10,000,000. At the end of week 26 of your project, you have the following values:

  • Planned Value: $1,000,000
  • Earned Value: $750,000
  • Actual Cost: $1,250,000

Questions:

  1. What is your schedule variance?
  2. Is your project ahead of or behind schedule?
  3. What is your cost variance?
  4. Is your project over budget or under budget?
  5. Provide two estimates of the cost at completion for your project. Be sure to show your calculations.
Math   Statistics-And-Probability   
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