Several people Are working on a Global Project to plan a shark tank like show. To prepare for this event you have been assigned the task of building a website

Several people Are working on a Global Project to plan a shark tank like show. To prepare for this event you have been assigned the task of building a website which will provide all details of the show, recruit participants and judges. The website will receive applications and will be updated with details as the details of the show are confirmed. The website will house all information of the show and will be used as the key marketing tool. Your project sponsor, Dr. K., has asked you to refine the existing cost estimate for the project so you can evaluate supplier bids and have a solid cost baseline for evaluating project performance. Your goal is to complete the project in six months for under $120,000. You planned to use up to $50,000 total to pay yourself and your team members, and your initial estimates were $30,000 for travel expenses, $20,000 for hardware and software, and $20,000 for organizing four events, including consultants, legal/business fees, etc. At Month 4 you have completed 70% of the website development and have spent $95 000 Work in groups to: Calculate: Show calculations in chart format. a. is the BAC (Budget at Completion) b. PV at 4 months? c. AC (Actual Cost, “point in time”) d. EV (Earned Value, “point in time”) e. CPI (Cost Performance Index, so far) f. SPI (Schedule Performance Index, so far) g. EAC (Estimate At Completion) h. ETC (Estimate To Complete)

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