With the communication issues stabilized, the focus turns to project performance measurement and closure. Chapter 13 presents a discussion on metrics used to assess project performance. Three commonly used metrics are schedule variance (SV), cost variance (CV), and cost performance index (CPI). The sponsor is not familiar with how these metrics work and has asked for a demonstration of how they are used. The sponsor has presented a scenario and is requesting you to conduct a demonstration using fictitious data to access the results given the following situation.
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