Exercise Solutions

Exercise 1

The solution to Exercise 1 can be found in the file Completed Exercise One, which appears on the CD-ROM in the CH8 folder.

Exercise 2

The solution to Exercise 2 can be found in the file Completed Exercise Two, which appears on the CD-ROM in the CH8 folder.

Exercise 3

The solution to Exercise 3a can be found in the file Completed Exercise Three, which appears on the CD-ROM in the CH8 folder.

The solution to Exercise 3b is as follows :

Term	Value
Budget at Completion	$550,000.00
Percent Complete	40%
Planned Value	$220,000.00
Actual Costs	$225,000.00
Earned Value	$220,000.00
Cost Variance	$ (5,000.00)
Schedule Variance	$ -
Cost Performance Index	0.98
Schedule Performance Index	1.00
Estimate at Completion	$562,500.00
Estimate to Complete	$337,500.00
To Complete Performance Index	0.98