Suppose you have a project consisting of three activities. Midway through the project you collect the following information:
Activity PV EV AC
1 30 40 35
2 20 15 15
3 10 10 15
What is the project-level Schedule Variance (SV) and Cost Variance (CV)? What is the project-level Schedule Performance Index (SPI) and Cost Performance Index (CPI)?
Under what conditions would a positive variance and a performance index less than 1.0 occur simultaneously?