Explore BrainMass

# Project Variances-earned Value Analysis

Not what you're looking for? Search our solutions OR ask your own Custom question.

This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

A project in its 26th week has an actual cost of \$270,000. It was scheduled to have spent \$261,000. For the work performed to date, the budgeted value is \$272,000. What are the cost and schedule variances for the project? What are the SPI and CPI?

#### Solution Preview

A project in its 26th week has an actual cost of \$270,000.Â Â It was scheduled to have spent \$261,000.Â Â For the work performed to date, the budgeted value is \$272,000.Â Â What are the cost and schedule variances for the project?Â Â What are the SPI and CPI?

BCWS - Budgeted Cost of Work Scheduled = \$261,000
ACWP - Actual Cost of Work Performed = \$270,000
BCWP - Budgeted Cost of Work Performed ...

#### Solution Summary

The solution calculates Spending variance, Schedule variance, Schedule Performance Index (SPI) , Cost Performance Index (CPI) given BCWS (Budgeted Cost of Work Scheduled), ACWP (Actual Cost of Work Performed) and BCWP (Budgeted Cost of Work Performed).

\$2.49