Earned-value analysis. A project budget calls for the following expenditures:
  
Task

Date

Budgeted Amount
 
Build forms

April 1

$10,000
 
Pour foundation

April 1

$50,000
 
May 1

$100,000
 
Frame walls

May 1

$30,000
 
June 1

$30,000
 
Remaining tasks

July 1 and beyond

$500,000
Define each term in your own words, calculate these values for the above project, and show your work:

Budgeted cost baseline (make a graph illustrating this one)
Budget at completion (BAC)
Planned value (PV) as of May 1
Earned value (EV) as of May 1 if the foundation work is only      two-thirds complete. Everything else is on schedule.
SV as of May 1.
Actual cost as of May 1 is $160,000. Calculate the cost      variance (CV) as of May 1.
Schedule performance index (SPI)
Cost performance index (CPI)
Estimate to complete (ETC), assuming that the previous cost      variances will not affect future costs
Estimate at completion (EAC)