Cost performance index and the estimated cost at completion

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The work on an IT project is uniformly distributed over the project duration of 12 months. The total approved budget for the project is $720,000. At the end of the first quarter, 1/3rd of the project work is complete at a cost of $220,000. Determine the schedule variance, the cost performance index and the estimated cost at completion for the project.

Reference no: EM131366736

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