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

question 25

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Use the information in the table regarding this seven-month project to calculate the SPI in terms of dollars and compare it with the SPI calculated in terms of time.Perform both calculations for months 1 through 6.Then use the SPI(t)to provide the Estimate at Completion for Time (EACt).  Month 1 Month 2 Month 3 Month 4  Month 5 Month 6 Month 7 PV ($) $125$275$500$875$1,485$2,325$2,670 EV ($) $150$320$510$850$1425$2280$0\begin{array}{|l|l|l|l|l|l|l|l} & \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 (\$) } & \$ 150 & \$ 320 & \$ 510 & \$ 850 & \$ 1425 & \$ 2280 & \$ 0 \\\hline\end{array}

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Definitions:

Statute of Frauds

A legal principle that requires certain types of contracts to be in writing and signed by the parties involved in order to be enforceable.

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The activity or skill of marking coherent words on paper and composing text.

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Legal accountability or responsibility of a corporation for its actions or omissions, which can include financial obligations, damages, and penalties.

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Damage incurred to a dock or a vessel moored at a dock, usually due to accidents or natural events.

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