Question

Below is the time-phased baseline budget for a project and a table showing the progress as of End of Period 7.

Baseline PV
Task	Total PV	Time Period
		0	1	2	3	4	5	6	7	8	9	10	11
A	30	15	15
B	40			20	20
C	80				10	10	10	10	20	20
D	30				5	5	5	5	10
E	20						5	5	5	5
F	40							10	20	5	5
G	10											5	5
PV by Period		15	15	20	35	15	20	30	55	30	5	5	5
Cumulative		15	30	50	85	100	120	150	205	235	240	245	250

As the end of Period 7, the project has made the following progress and incurred the following costs:

Task	% Complete	AC
A	100%	35
B	100%	45
C	40%	35
D	60%	20
E	50%	15
F	30%	10
Total		160

Question C13Q1:

What is the schedule variance? (Type a value rounded to whole dollars)

SV =

Question C13Q2:

What is the cost variance? (Type a value rounded to whole dollars)

CV =

Question C13Q3:

What fraction of the project has been completed in terms of original budget? Type a decimal below (rounded to 3 decimals. For example, type 0.456; DO NOT type 45.6%)

Project completion fraction (PICB):

Question C13Q4:

Forecast the total costs at completion based on current project cost and progress information. Type a value below (rounded to whole dollars while dropping the $ sign).

Forecasted total costs at completion (EAC):

Question C13Q5:

To complete the project within the original budget, what would be the required cost efficiency (TCPI)? Type a decimal value below (rounded to two decimals).

TCPI:

Question C13Q6:  Calculate the projected cost variance when the project is complete (rounded to whole dollars while dropping the $ sign).

Cost Variance (VAC):

36 points   

Answer 1

Total planned value at the end of week 7 = 205

earned value at the end of week 7 = 100% of A+100% of B + 40% of C +60% of D +50% of E +30% of F

= 30+40+32+18+10+12 =142

SV = EV -PV = 142-205 = -63

CV = EV-AC = 142-160 =-18

Fraction of project completed in terms of budget = EV / BAC = 142 /250 = 0.568

EAC = actual costs (AC) + budget at completion (BAC) – earned value (EV)

= 160+250-142 = 268
Note: The current Chegg policy permits me to answer only first four parts of a problem, Inconvenience is regretted.