Twopage paper analyzing the SV and CV associated with
the construction of the VA Hospital in Denver, CO. The Planned Value or
Budgeted Cost for Work Scheduled is $2,000,000. The Earned Value or
Budgeted Cost for Work Performed is $2,000,000. Actual cost or actual
cost of work performed is $3,000,000. Explain the relationship of the SV
and CV to the critical path of this project based on the information
provided.
Sample Solution