In Ethical Durable Household Goods Company (EDHG Co.) a hydraulic press is needed for introducing a new series of products. The hydraulic press is to be located within an already existing part of the factory, but the construction of a special foundation is needed. The order for the hydraulic press will be placed with the Hydraulic Press and Die Company. Once the order is put, co-design activities and training of a group of personnel will start at the Hydraulic Press and Die Company and the construction of the foundation for the hydraulic press at EDHG Co. can be started to be followed by engineering work to build the infrastructure for system integration. After the completion of co-design and training, the manufacturing and testing activity can be started. Once manufactured and fully tested, the hydraulic press is to be transported to the site and assembled. Another group of personnel at EDHG Co. is to be trained. The initial plan is obtained by starting each activity at its earliest starting time. The budgeted values are given in Table 10.4. Costs are incurred uniformly over an activity.
Determine the schedule variance SV, cost variance CV, accounting variance AV, the Schedule Performance Index SPI and the Cost Performance Index CPI at the end of week 18, and the forecasted budget at completion FAC together with the forecasted project duration based on past information. The current situation at the end of week 18 is given in Table 10.5.
