Earned Value Problems. Of the three problems below, choose and solve one problem. Show your work. Along with your answer define each term and explain the significance (meaning) of the solution.\t1.\u00a0\u00a0\u00a0 During a project, Earned Value Analysis is performed and gives the following numbers: EV: 523,000; PV: 623,000; AC: 643,000.\tWhich results are correct?\t1.\u00a0\u00a0\u00a0 CV: +120,000; SV: +100,000\t2.\u00a0\u00a0\u00a0 CV: +100,000; SV: +120,000\t3.\u00a0\u00a0\u00a0 CV: -100,000; SV: -120,000\t4.\u00a0\u00a0\u00a0 CV: -120,000; SV: -100,000\t2.\u00a0\u00a0\u00a0 You found the following Earned Value Analysis information for a recently closed out project: SPI = 0.7, CPI = 1.0\t1.\u00a0\u00a0\u00a0 The project has been cancelled while it was executed. At that time the project was behind schedule and on budget.\t2.\u00a0\u00a0\u00a0 The project’s deliverables have all been finished. The project came in ahead of schedule but on budget.\t3.\u00a0\u00a0\u00a0 The project’s deliverables have all been finished. The project came in on schedule but over budget.\t3.\u00a0\u00a0\u00a0 You are assigned as the project manager to a project which had a one-time cost variance in the past caused by unexpected rework which has meanwhile been finished.<\/p>\n","protected":false},"excerpt":{"rendered":"
Earned Value Problems. Of the three problems below, choose and solve one problem. Show your work. Along with your answer define each term and explain the significance (meaning) of the solution. 1.\u00a0\u00a0\u00a0 During a project, Earned Value Analysis is performed Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-224966","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/224966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=224966"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/224966\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=224966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=224966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=224966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}