Earned Value Exercise
Complete the following problems:
1. The
following project is at the end of its first week. Find the cost and schedule
variances, the cost performance index, the schedule performance index and the
estimate at completion.
Task Predecessors Duration in days Planned Value ($) Actual
Cost ($) Percent Complete
A None 2 500 650 100
B None 3 1000 1500 100
C A 2 200 300 50
D A 5 600 600 20
E B ,C 6 1200 550 10
To do this exercise, it is best to start with a Gantt chart
depicting the task relationships.
CV ______________________
CPI ________________
SV ______________________ SPI ________________
EAC _____________________
2. Using the
following information, calculate the cost performance index and the schedule
performance index. Then calculate the estimate at c
Planned value: 6700
Earned value: 6100
Actual costs: 7300
Budget at completion: 38900
CPI _______________________ SPI _____________________________
EAC ______________________
3. The
following project is at the end of its third week. Find the cost and schedule
variances, the cost performance index, the schedule performance index and the
estimate at completion.
Task Predecessors Duration in days Planned Value ($) Actual
Cost ($) Percent Complete
A None 3 600 650 100
B A 5 1000 1500 100
C A 2 200 300 100
D A 5 1000 600 100
E B ,C 6 1200 1200 100
F C 10 10000 12000 75
G F 7 700 0 0
H G 8 1600 0 0
To do this exercise, it is best to start with a Gantt chart
depicting the task relationships.
CV ______________________
CPI ________________
SV ______________________ SPI ________________
EAC _____________________
4. Mary is
the project manager for a web design project for Newberry Pet Foods. So far in
the six weeks (of the twelve week project), Mary’s team has completed five
tasks which had a combined planned value of $7800. However, the team spent
$8200 to complete those tasks. She has five additional tasks to complete the
project. What are the PV, EV, AC, CV,
SV, CPI, and SPI for Mary’s project?
5. Consider
the following information:
PV=6500
EV=5000
AC=7200
BAC=32000
Expected Duration=12 weeks
Calculate the following:
CV __________________
SV __________________
CPI __________________
SPI __________________
EAC __________________
Duration at Completion _______________
ScholarMatic: Explanation & Answer
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