Assume there are other activities below activity F that are yet to be completed
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Assume there are other activities below activity F that are yet to be completed

Question 3

Table below shows the progress of a project from the A to activity F. Assume there are other activities below activity F that are yet to be completed.


a. Calculate CV and SV for the activities of the project completed so far (A to F).

b. As a project manager you have been asked to report on the status of your project at the end of Activity F. Your stakeholders want to know, based on your EVM analysis of the table above, whether the project is likely to finish on time and within budget.  Show your work and justify your answers.

c. Would your conclusions change if activities C and D were the only 2 activities on the critical path? Explain your reasoning.

Hint
Management Cost Variance in project management refers to a completed work cost when it is compared to a planned cost. It is calculated by finding the difference between the actual cost and the earned value. Schedule variance refers to a completed work when it is compared to a planned schedule. It is calculated by finding the difference between the planned value and the earned value. ...

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