Calculate the Estimate At Completion (EAC) considering future performance will be back on schedule and budget.  (ii) Calculate EAC considering that the project will continue to perform as it has to date.  (iii) Using either of these two numbers discuss th

Calculate the Estimate At Completion (EAC) considering future performance will be back on schedule and budget. (ii) Calculate EAC considering that the project will continue to perform as it has to date. (iii) Using either of these two numbers discuss th

A project has been estimated to take eight
weeks and cost $65,000. The critical path is A – D. Cost and earned
value data are provided below: | | EV | PV | |
| AC | | |

| Budget | BCWP | – BCWS | SV | SPI |
– ACWP | CV | CPI |

A | $8,500 | $8,500 | $8,500 | $ – | 1.00 | $7,500
| $1,000 | 1.13 |

B | $15,000 | $15,000 | $15,000 | $ – | 1.00 |
$13,000 | $2,000 | 1.15 |

C | $6,800 | $2,530 | $2,700 | ($170) | 0.94 |
$4,000 | ($1,470) | 0.63 |

D | $18,000 | $900 | $3,000 | ($2,100) | 0.30 |
$1,200 | ($300) | 0.75 |

E | $16,000 | $0 | $0 | $ – | | $0 | $ – |
|

Project: | $64,300 | 26,930 | 29,200 | ($2,270) |
0.92 | $25,700 | $730 | 1.05 |

(i) Calculate the Estimate At Completion (EAC)
considering future performance will be back on schedule and budget.

(ii) Calculate EAC considering that the project
will continue to perform as it has to date.

(iii) Using either of these two numbers discuss the
status of the project and if the project manager needs to take corrective actions.
Justify your comments.

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