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:
Note : -ve symbol indicates they are behind by schedule.
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Consider the following project activities, their cost, baseline time, actual time spent, and estimated time to...
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 $1000 to complete project. Task Actual Cost Work Performed Budgeted Cost Work Scheduled 50 70 30 100 50 2 3 4 5 Budgeted Cost Work Performed 50 70 30 50 0 Total: 250 a. Find schedule and cost variance. Explain what it means? b. Find schedule and cost performance index. c. Find estimate to complete...
At week 10 of a project below to improve distance learning platform, assume that the planned values (PV) are based on time proportionality but the “% Complete” values for earned values (EV) are from the workers actually doing the tasks. ACTIVITY PRE- DECESSORS DURATION (WEEKS) BUDGET ($) 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...
to chapter 1. Given the following information for a one-year project, answer the following questions. Recall 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? b. How is the project doing? Is it ahead...
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...
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...
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...
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...
please a clear and understandable answer , i posted this question before and no one answered yet !!! Suppose a project X is half completed by the end of first month. Upto this duration the rate of performance is 50 percent. Complete the below table by using given values and explain about the budget and schedule on the basis of calculations. Earned value calculations for project X after 1 month are as follows: PV-8000 SR AC-20000 SR RP=50% Project X...
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....
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),...