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. 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 _____________________ 3. 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?