Earned Value Calculations

### Question Description

The original plan for the project was for it to last one year at a cost

of \$100,000. Using the following information, calculate SPI, ETC, and EAC:

Planned value = \$45,000

Earned Value  = \$37,000

CV = - \$12,000

SPI

ETC

EAC

SPI = EV/PV=37000/45000 =0.822

CV= -12000 =EV-AC= 37000-AC

AC = 37000-(-12000)=49000

CPI =37000/49000= 0.7551

Assumption 1: Cost over run not one time

EAC = BAC/CPI =100000/0.7551 =132432.43

Assumption 2: Cost overrun onetile

EAC= AC+(BAC-EV)= 49000+(100000-37000)=112000

ETC =EAC -AC

Assumption 1

ETC= 132432.43- 49000=83432.43

Assumption 2

ETC =112000-49000=63000

There are other assumptions too.

University of Virginia
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