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A project has a budget of Rs.3,00,000 and a planned duration of 24 months.The following table shows progress information for the first four months. Figures are cumulative:
Month
1
2
3
4
Planned (Rs)
20,000
40,000
60,000
90,000
Actual Spend (Rs)
12,000
28,000
50,000
76,000
Earned Value (Rs)
10,000
24,000
42,000
64,000
What is the cost variance and schedule variance at the end of the third month and the estimate at completion based on the 3rd month progress information?
I calculated:
CV - 8000
SV -18000
But, how to estimate at completion based on the 3rd month progress information?
