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To install a 10,000 feet fence at a cost of $10.00/per foot. It is estimated that...
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...
Complete the following exercises and submit them in a word document (10 points). Project ABC Scope = 10 chairs @ $10.00 = $100.00 PV = Timeframe = 10 days At the End of the 5th day 4 chairs were EV = Completed at a cost of $11.00 each CPLE SV = SPIE 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...
Remaining Time: 57 minutes, 05 seconds Less than half of the team Question Comeletion Status Question 10 Save A You have a project to be completed in 12 months. The budget for the project is 100.000 USD. Six months have passed, and 60.000 USD has been spent. On closer review, you find that only 40% of the work has become to date. Based on these figures, answer the following questions to receive full grade you must show your work 1....
Using the below information answer only part e bolded. Given the following information for a one-year project, answer the following questions. Note that PV is the planned value, EV is the earned value, AC is the actual cost, and BAC is the budget at completion. PV = $22,000 EV = $20,000 AC = $25,000 BAC = $120,000 a.What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the project? (CV) is -$5,000 (SV)...
Canyouhelpme with this questionYou are managing a project to expand a major county road in your area. The project is expected to take 1 year and the expenses are budgeted to be $12,500 per month. Six months after the project started, you find out that the project is 50% complete, and that you have spent $70,000. Fill in the information in the table below: Item Value BAC PV EV AC CV = EV-AC SV = EV – PV CPI =...
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 $)? (1 point) 5. You are working on a large project and have determined that your cost variance is...
QUESTION 1 3.8 points Save Ans The cost management plan has all of the following characteristics EXCEPT It may specify variance thresholds for monitoring cost performance to indicate an agreed-upon amount of variation to be allowed before some action needs to be taken. It describes how the project costs will be planned, structured, and controlled. It is based on project cost estimates and is separate from the project management plan. It may specify the level of precision, which is the...
At week 10 of a project below to improve distance learning platform, assume that the planned values (PV) are based on time proportionality but the “% Complete” values for earned values (EV) are from the workers actually doing the tasks. ACTIVITY PRE- DECESSORS DURATION (WEEKS) BUDGET ($) 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...
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),...
Cost per Cost per 8 9.12 29.00 Direct materials: standard: 1.90 feet at $4.80 per Foot Actual 1.85 foot at 15.20 per foot Direct labor: standard: 1.45 hours at $20.00 per hour Actual 1.50 hours at $19.50 per hour Variable overhead: standard, 1.45 hourRat 10.00 per hour Actual 1.50 hours at $9.60 por hour Total cost per unit ENCORR of actual cost over standard cont per unit 29.25 14.50 14.40 $52.62 $53.27 The production superintendent was pleased when he saw...