Use the Information in the Table Regarding This Seven-Month Project

question 61

Essay

Use the information in the table regarding this seven-month project to create two plots.The first plot should be the S-curve for Earned Value.Indicate on this plot whether the project is ahead or behind schedule and by how much.The second plot should be the Earned Schedule and the Estimate at Completion for Time.Comment on the symmetry of this graph and whether you would expect a similar plot from any other project to exhibit similar characteristics.
$$\begin{array} { | l | l | l | l | l | l | l | l | } \hline & \text { Month 1 } & \text { Month } 2 & \text { Month } 3 & \text { Month 4 } & \text { Month } 5 & \text { Month 6 } & \text { Month } 7 \\\hline \text { PV (\$) } & \$ 125 & \$ 275 & \$ 500 & \$ 875 & \$ 1,485 & \$ 2,325 & \$ 2,670 \\\hline \text { EV (\$) } & \$ 140 & \$ 280 & \$ 480 & \$ 800 & \$ 1,280 & \$ 1,975 & \$ 2,950 \\\hline\end{array}$$

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Definitions:

Benzene

A chemical compound with the formula C6H6, known as an aromatic hydrocarbon and used as a starting material in the production of numerous chemicals.

Alkane Solvents

Solvents composed of alkanes, which are hydrocarbons containing only single bonds between carbon atoms, making them nonpolar and good for dissolving similar substances.

Soluble

The ability of a substance to be dissolved in a solvent, forming a homogeneous mixture at the molecular or ionic level.

Ethers

A class of organic compounds characterized by an oxygen atom connected to two alkyl or aryl groups, widely used as solvents and in the production of pharmaceuticals and chemicals.