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PROBLEM
Day AC PV EV 65 $550 $735 $678
a) Calculate the cost variance (CV).678-550=128
b) Calculate the cost performance index (CPI). 678 550 = 1.23
c) Calculate the schedule variance (SV).678-735=-57
d) Calculate the schedule performance index (SPI).678 735 = 0.92
e) Given these data, what should a project manager do with respect to this project?
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