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
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.
Below is the time-phased baseline budget for a project and a table showing the progress as...
Question 9 Below is the time phased baseline budget for a project and a table showing the progress as of End of Period 7. 2 Baseline PV Total Task Time Period PV 0 1 3 5 6 7 8 10 11 A 30 15 15 40 20 20 с 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 10 5 5 PV by...
Given the network diagram and time-phased work packages shown below, complete a baseline budget for the project. Use that information to answer the problems below. Legeno Mack Ourion Cost by Period Week Activity 1. 12 10 15 17 20 E 15 15 10 30 ene hadeer Week Aty gt otd Note that week 1 refers to the period0-1, week 2 refers to period 1-2, and so on, Ouestion 1 (1 point) SAMSUNG Baseline adet Wrek 13 10 1 1 lget...
Given the time-phased work packages and network, complete the baseline budget form for the project. Market Survey Project WBS Work Package Cost by Week WP Design - 52 WP Survey 2 2 4 4 - 5 WP Report 332 Project Network Design Survey Report Task Budget Time-Phased Budget Week 3 4 5 6 7 8 9 10 11 Design Survey Report 80 Total Cumulative
Given the project network and baseline information below, complete the form to develop a status report for the project at the end of period 4 and the end of period 8 LEGEND ES | ID | EF SL LS DUR LF SL 8 D 12 0 8412 0 0 0 2 6 8 12 F15 0 12 315 0 0 0 7 E 10 2 93 12 2 4 5 9 Time Period Task LF DUR ES SL Budget (PV)...
3) You are in charge of the Aurora Project. Given the following project network, baseline, and status information, (40 Points) B DI OA E • Develop status reports for periods 7 and complete the performance indices table. . Calculate the EAC, and VAC. Based on your data, what is the current status of the project? At completion? Rule 1 0% complete 2-50/50 3 - 0/100 ID LF SL Schedule information Total 0 1 2 PV 3 4 30 5 6...
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...
A road resurfacing and barrier protection project, planned to take 30 weeks to complete, is underway. Week 35 of the project has just ended. You are to use the Earned Value Analysis technique with the data provided in Table A1, to monitor the project's progress and answer the following question: a) Assuming nothing changes, work out the new total estimated cost at completion and the new to estimated time at completion (to 1 decimal place). D) What does your answer...
The total project budget consists of land, hard costs, soft costs and contingency. The contingency is 5% of total project budget excluding land. Land cost is $10, hard cost is $70 and soft cost is $15. What is the contingency, rounded to nearest penny?
soon, hence you have to write your answer in the Texi-Field given below Actual Cost (AC). Planned Value (PV) and Eamed Value (EV) of the activities of an ongoing project atter 5 months and after 8 months are given in the following table. All values and costs are in Rs lakhs. Comment on the status of the a) activities (activity delayediearty, activity cost over-runiunderrun), and b) status of the project and estimated total costat completion at 5 months and at...
At week 10 of a project below to improve distance learning platform, assume that the planned values (PV) are based on time proportionality but the “% Complete” values for earned values (EV) are from the workers actually doing the tasks. ACTIVITY PRE- DECESSORS DURATION (WEEKS) BUDGET ($) 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...