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An activity on the critical path of a project was scheduled to be completed within 12 weeks, with a budget of $8,000. During a performance review, which took place 7 weeks after the activity was initiated; it was found that 50% of the work had already been completed and that the actual cost was $4,500.
a) Calculate the CEV of the activity
b) Calculate the CPI, CV,SPI, and SV for the activity
c) Calculate the FCAC using the CV found in part b
d) Calculate the FCAC using the CPI found in b e) Estimate a new duration for the activity based on your findings
e) Estimate a new duration for the activity based on your findings
An example would be the total dollar value of all the change setting in piggy banks across the United States. Please do not use this example also please Show steps.
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