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For a project, in X day, planned value, earned value and actual cost of the tasks...
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 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),...
A project has an Earned Value (EV) = $5, Actual Cost (AC) = $7 and both Cost Performance Index (CPI) and Schedule Performance Index (SPI) equal 0.90. The original project budget is $10. Assuming the remaining work will be impacted by the current cost performance and current schedule performance, what is the estimate at completion (EAC) of the project? $12.96 $13.17 $14.75 $15 What is your reasoning? ________________________________________________________
Earned Value Management (EVM) Following is a cost/schedule status report (C/SSR), a document that is generated each month. It demonstrates the cost and schedule status of a project at a given moment in time. Answer the questions associated with the accompanying C/SSR after reading the appropriate sections on earned value in Managing Projects in Organizations, The New Project Management, and A Guide to the Project Management Body of Knowledge (PMBOK). Task Budget Task begun Task ended Actual Cost A 30,000...
At week 10 of a project below to improve distance learning platform, assume that the planned values (PV) are based on time proportionality but the “% Complete” values for earned values (EV) are from the workers actually doing the tasks. ACTIVITY PRE- DECESSORS DURATION (WEEKS) BUDGET ($) ACTUAL COST ($) % COMPLETE A - 5 500 640 100 B A 3 300 400 100 C B 4 320 310 80 D B 6 600 250 60 E C,D 3 300...
Consider the following project activities, their cost, baseline time, actual time spent, and estimated time to completion: Task Estimated Cost per hour Baseline Duration Actual Time Spent Estimated Time to Completion A $75 14 hr 15 hr 1 hr B $92 19 hr 18 hr 2 hr C $135 11 hr 9 hr 2 hr D $110 13 hr 13 hr 1 hr Calculate the following project values showing your work: Planned Value Actual Cost Earned Value Schedule Variance Cost...
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 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 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...
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...