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Homework Answers
Given : Rate of Performance = 50%
We know, Rate of Performance RP = EV / PV
Hence, EV = RP x PV = 0.5 x 8000 = 4000 SR
Planned Value PV = 8000 SR.........Given
Actual Cost AC = 20,000 SR..........Given
Cost variance = EV - AC = 4000 - 20000 = -16,000 SR
Schedule variance = EV - PV = 4000 - 8000 = -4000 SR
Cost Performance Index CPI = EV / AC = 4000 / 20000 = 0.20 = 20%
Schedule Performance Index SPI = RP = 0.5 = 50%
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Please a clear and understandable answer , i posted this question before and no one answered yet !!!
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