Question

6. A project to develop technology training seminars is 5 days behind schedule at day 65. It had a planned cost of $735,000 for this point in time, but the actual cost is only $550,000. Estimate the schedule and cost variances. Re-estimate the variances if the actual cost had been $750,000
0 0
Add a comment Improve this question Transcribed image text
Know the answer?
Add Answer to:
6. A project to develop technology training seminars is 5 days behind schedule at day 65....
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Your project to obtain charitable donations is now 43 days into a planned 53-day project. The...

    Your project to obtain charitable donations is now 43 days into a planned 53-day project. The project is divided into 3 activities. The first activity is designed to solicit individual donations. It is scheduled to run the first 37 days of the project and to bring in $25,900. Even though we are 43 days into the project, we still see that we have only 89% of this activity complete. The second activity relates to company donations and is scheduled to...

  • Problem 5-5 Your project to obtain charitable donations is now 41 days into a planned 51-day...

    Problem 5-5 Your project to obtain charitable donations is now 41 days into a planned 51-day project. The project is divided into 3 activities. The first activity is designed to solicit individual donations. It is scheduled to run the first 34 days of the project and to bring in $25,700. Even though we are 41 days into the project, we still see that we have only 90% of this activity complete. The second activity relates to company donations and is...

  • Problem 5-5 Your project to obtain charitable donations is now 38 days into a planned 48-day...

    Problem 5-5 Your project to obtain charitable donations is now 38 days into a planned 48-day project. The project is divided into 3 activities. The first activity is designed to solicit individual donations. It is scheduled to run the first 33 days of the project and o bring in S25 300. ven though we are 38 days to the pro ect we stil see hat we have only 8 % of his activity complete. The second activity relates company donations...

  • Problem 5-5 Your project to obtain charitable donations is now 40 days into a planned 50-day...

    Problem 5-5 Your project to obtain charitable donations is now 40 days into a planned 50-day project. The project is divided into activities. The first activity is designed to solo individual dortions, it is sched project and to bring in $25,600. Even though we are 40 days into the project, we still see that we have only 92% of this activity complete. The second ye s to company donanons and is on day 5 and extending through day 45. We...

  • Your schedule has a critical path of tasks A-D-E-F. A team member tells you that task B, which was originally planned to take 6 days with 5 days of float, has been re-estimated to take 9 days. What ef...

    Your schedule has a critical path of tasks A-D-E-F. A team member tells you that task B, which was originally planned to take 6 days with 5 days of float, has been re-estimated to take 9 days. What effect would you expect this to have on the schedule? Select one: a. Task B would have 1 day of lag b. The project completion date would be increased by 3 days. c. Task B is now part of the critical path...

  • 2. You are 4.5 months into a 6-month, $12,000 project with a planned linear spend rate....

    2. You are 4.5 months into a 6-month, $12,000 project with a planned linear spend rate. You have an earned value of $8,500 and you have spent $10,000. What is your EAC? (2 points) 3. The earned value on your project is $15,000, the planned value is $20,000, and the actual cost is $18,000. What is your current schedule variance (in $)? (1 point) 5. You are working on a large project and have determined that your cost variance is...

  • You are given the following information for a one-year project: Planned Value (PV) - $23,000, Earned...

    You are given the following information for a one-year project: Planned Value (PV) - $23,000, Earned Value (EV) - $20,000, Actual Cost (AC) = $20,000, and Budget at Completion (BAC) = $120,000. Answer each of the questions below to complete your assignment. Use the same numbers as the assignment when you give your answer, I only grade answers that correspond the assignment questions. 1. For this one-year project calculate: a. cost variance, b. schedule variance, C. cost performance index (CPI),...

  • Project ABC Scope = 10 chairs @ $10.00 = $100.00 PV = Timeframe = 10 days...

    Project ABC Scope = 10 chairs @ $10.00 = $100.00 PV = Timeframe = 10 days AC = At the End of the 5th day 4 chairs were EV = Completed at a cost of $11.00 each CV = CPI= SV = SPI= CR = To install a 10,000 feet fence at a cost of $10.00/per foot. It is estimated that 500 feet of fence can be installed per week for a total of 20 weeks. After 12 weeks and...

  • Problem 5-6 A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be running very low. A major milestone has been reached where the...

    Problem 5-6 A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be running very low. A major milestone has been reached where the first two activities have been totally completed and the third activity is 70% complete. The planners were only expecting to be 57% through the third activity at this time. The first activity involves prepping the site for the bridge. It was...

  • 2 Problem 5-6 (Algo) A project to build a new bridge seems to be going very...

    2 Problem 5-6 (Algo) A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be running very low. A major milestone has been reached where the first two activities have been totally completed and the third activity is 65% complete. The planners were expecting to be only58 % through the third activity at this time. The first activity involves prepping the site for the bridge....

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT