Answer:
Schedule variance = $1,428,140
Schedule Performance Index (SPI) = 1.132
Cost Performance Index = 0.801
Explanation:
Planned Value = $1,414,000 + $10,494,000 + $8,494,000 * 53%
= $20,402,000 * 53%
= $10,813,060
Earned Value = $1,414,000 + $10,494,000 + $8,494,000 * 60%
= $20,402,000 * 60%
= $12,241,200
Schedule Variance = Earned value - Planned value
= $12,241,200 - $10,813,060
= $1,428,140
Schedule Performance Index (SPI)
= Earned value / Planned value
= $12,241,200 / $10,813,060
= 1.132
Actual Cost (AC)
= $1,294,000 + $8,994,000 + $4,994,000
= $15,282,000
Cost Performance Index (CPI)
= Earned value / Actual cost
= $12,241,200 / $15,282,000
= 0.801
