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4.) You are managing a task on the critical path which has a BAC of $500,000....

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Operations Management

4.) You are managing a task on the critical path which has a BACof $500,000. The task is 80 percent complete. The team hascompleted 10 weeks on the task, and it was scheduled to take 10weeks. You have spent $400,000 on the task so far. Calculate thecost performance index (CPI) and schedule performance index (SPI).Briefly explain what the reults mean.

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Total end value 500000 Since 80 of the project is over Earned Value 8 500000 400000 Actual cost 400000 Cost Performance Index CPI Earned Value Actual Cost 400000 400000 100 Hence the project is in    See Answer
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