COST VARIANCE

Given the following information for a 1 year (12 months) project:
PV = $23,000
EV = $20,000
AC = $25,000
BAC = $120,000
Answer the following questions:
a). What is the cost variance (CV), schedule variance (SV), cost performance index (CPI) and
schedule performance index (SPI) for the project
b). How is the project doing? Is it ahead of schedule, on schedule or behind schedule? Is it under
budget, on budget or over budget?
c). Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project
performing better than planned, as planned as or worse than planned?
d). Use the SPI to estimate how long it will take to complete the project.