# Question related to SV calculation

Hello

You are a project manager who is in charge of a technical documentation project. The project is 30% complete after 2 months and has cost \$53,000. The budget for the project is \$90,000 and is scheduled to last 6 months. How is the project performing?

a. The project is behind schedule and over budget.
b. The project is ahead of schedule and under budget
c. The project is ahead of schedule and over budget.
d. The project is behind schedule and under budget.

Ans a.
Please explain me how to solve this question.
Thanks

### BAC = 90000

BAC = 90000

AC = 53000

Project is 30% complete - That means work worth of 30% * 90000 is completed, i.e EV =27000

The target is to complete 90000 worth of work in 6 months. So in 2 month it is planned to complete 90000/3 = 30000, which is the PV

So we have

EV = 27000

AC = 53000

PV = 30000

EV - PV - in negative   -->  Behind scheule

EV -AC - in negative  -- > over budget

### How did u calculate PV

I am a little confused with the response. Why did u divide 90,000 by 3. shouldnt it be divided by 2 cuz we have to calclate the PV for 2 months ?

Pls elaborate.

Thanks ### put it in this way:

put it in this way:

The project cost \$90,000 for 6 months, then how much does it costs for 2 months?

Ans: 90000:6=X:2     (Assume X is the cost for 2 months)

90000/6=X/2

X=(90000*2)/6 = 90000/3 = 30000

As a result. PV=\$30,000