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1 (p. 466): Find the schedule and cost variances for a project that has an actual cost as month 22 of $540,000, a scheduled cost of $523,000, and an earned value of $535,000.

Chapter 10 Project Monitoring: Problems: NOTE: Do this work on an MS Excel

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1 (p. 466):  Find the schedule and cost variances for a project that has an actual cost as month 22 of $540,000, a scheduled cost of $523,000, and an earned value of $535,000.

Show work and Answers on an Excel spreadsheet:

2 (p. 466):  A sales project at mon5 had an actual cost of $34,000, a planned cost of $42,000, and a value completed of $39,000.  Find the cost and schedule variances and the CPI and SPI.

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7 (p. 466):  Given an activity in an advertising project whose planned cost was $12,000 but actual cost to date is $10,000 so far and the value completed is only 70 percent, calculate the cost and schedule variances.  Will the client be pleased or angry?  Explain. 

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