Question



QUESTION 9 What is the Budgeted Cost to Work Performed (BCWP) for the following project A project consists of sex tasks. Task
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Hi,

Solution as follows:

Step 1: Week wise Project Schedule:

Given Data:

Task

Budgeted Cost

Progress at the end of 3rd week

Task A

$ 10,000

80%

Task B

$ 2,000

100%

Task C

$ 3,000

40%

Task D

$ 1,000

100%

Task E

$ 6,000

55%

Task F

$ 4,000

0%

BCWP = Total Budget x Actual Progress Percentage.

BCWP Calculated Below:

Task

Budgeted Cost

Progress at the end of 3rd week

BCWP

Task A

$ 10,000

80%

$ 8,000

Task B

$ 2,000

100%

$ 2,000

Task C

$ 3,000

40%

$ 1,200

Task D

$ 1,000

100%

$ 1,000

Task E

$ 6,000

55%

$ 3,300

Task F

$ 4,000

0%

$ 0

Total BCWP

$ 15,500

Hope the same is clear. In case of any clarifications, please leave comment in comments section.

Please give us a good rating, if you are satisfied with the response.

How would you rate our reply?

Keep Chegging

Best Regards

Chegg Expert Team

Add a comment
Know the answer?
Add Answer to:
QUESTION 9 What is the Budgeted Cost to Work Performed (BCWP) for the following project A...
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
  • Question 1: The following data and table illustrate a small project: Activity A was completed on...

    Question 1: The following data and table illustrate a small project: Activity A was completed on schedule • Activity B started as planned but it is expected to take four weeks more Activity C started as planned but finished one week later • %age of completion of activity D is 60% ACWP at the end of week 10 = SR 90400 Activity Original Planned Start Time Original Planned Finish Time Wage Complete Amount Completed BCWP Amount Scheduled BCWS Amount Spent...

  • Here is a practical example of EVM (Earned Value Management). Three values, BCWS, BCWP, and AC,...

    Here is a practical example of EVM (Earned Value Management). Three values, BCWS, BCWP, and AC, are all cumulative. Acronyms: BCWS (Budgeted Cost of Work Scheduled) is equal to PV (Planned Value). BCWP (Budgeted Cost of Work Performed) is equal to EV (Earned Value). AC (Actual Cost) is the actual costs that we pay for the works. Variances: Schedule variance: when BCWP - BCWS is negative, the project is behind schedule, when the value is 0, it is on schedule,...

  • For a project, in X day, planned value, earned value and actual cost of the tasks...

    For a project, in X day, planned value, earned value and actual cost of the tasks are given in dollar in the table below. Planned $1000 to complete project. Task Actual Cost Work Performed Budgeted Cost Work Scheduled 50 70 30 100 50 2 3 4 5 Budgeted Cost Work Performed 50 70 30 50 0 Total: 250 a. Find schedule and cost variance. Explain what it means? b. Find schedule and cost performance index. c. Find estimate to complete...

  • Consider a project having the following six activities:                                  

    Consider a project having the following six activities:                                                      Immediate                                                  Max        Crash cost             Activity                           Predecessors           Time (weeks)             Crash*    per week                   A                                none                                    6                          6                N/A                   B                                none                                    5                          2               $500                   C                                A                                       3                          2             $1000                   D                                A, B                                    4                          2             $2000                   E                                 C, D                                    5                          2             $1250                   F                                D                                       6                          2             $1000                                                                                                 *Shortest possible time for the task 1. Draw the project network and list...

  • 1. Consider the following project. Activity Duration (weeks)5 Immediate Predecessor(s) Cost (S) 1000 | 400 I 20...

    1. Consider the following project. Activity Duration (weeks)5 Immediate Predecessor(s) Cost (S) 1000 | 400 I 200 | 1200 | 500 | 700 | 1200 | 800 | 1800 | 1500 | 400 (a) Construct the activity-on-node (AoN) network for the relations among the activities in the (b) Using the activity-on-node (Ao) network developed in part (a), determine the critical path and the minimum time required to complete the project. Develop the earliest start and finish times, the latest finish...

  • Earned value calculation Based on the following Project data, answer the questions a and b. Activity...

    Earned value calculation Based on the following Project data, answer the questions a and b. Activity Duration Predecessors Task Budget A 7 days -- $16,850 B 10 days -- $22,500 C 8 days B $16,000 D 10 days A $12,790 E 7 days B $8,500 F 4 days D $10,550 At the end of Day 10, the status of the project is as follows. Activity % Complete Actual Cost A 100% $18,000 B 100% $23,000 C 0% $0 D 10%...

  • Tasks A, B, C and D are in the critical path of a project, all the...

    Tasks A, B, C and D are in the critical path of a project, all the tasks are estimated To require similar effort of 5 days each and cost $ 5,000 per task What is the Question 42 5 A 10 B 15 C 20 11 16 earned value (EV)? $5,000 $5,000 $5,000 $5,000 $ 5,000 Choice 1 complete: Task C is 50% complete At the end of day 11, Task A and Task B are and $13,000 has already...

  • Your company was hired as a subcontractor for a client's "Destiny project and awarded two main work packages within that project. Your company refers to this project internally using the cost...

    Your company was hired as a subcontractor for a client's "Destiny project and awarded two main work packages within that project. Your company refers to this project internally using the cost code "P2 2019". You're given the table below that lists the work packages, their cost code, their budget, and their scheduled start day and end day (as agreed upon with the main contractor). The start and end days are measured in working days after the main project's start. So,...

  • #1. A project in its 26th week has an actual cost of $270,000. It was scheduled...

    #1. A project in its 26th week has an actual cost of $270,000. It was scheduled to have spent $261,000. For the work performed to date, the budgeted value is $272,000. What are the cost and schedule variances for the project? What are the SPI and CPI? What is your assessment of the project from a cost and schedule perspective? #2. A project has just completed the 87th item in its plan. It was scheduled to have spent $168,000 at...

  • You have a complex project involving m independent tasks. Since the tasks can be performed in...

    You have a complex project involving m independent tasks. Since the tasks can be performed in parallel, the time to complete the project will be the maximum time taken by any task. You’d like to hire one of k companies to do the whole project, and you’re given a 2- dimensional list x with k rows and m columns, where x[i][j] is the amount of time company i would take to complete task j. Write a Python function hire(x) to...

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
ADVERTISEMENT