Using the below information answer only part e bolded. Given the following information for a one-year...
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) is -$2,000
(CPI) is 80%
(SPI) is 90.909%
b.How is the project doing? Is it ahead of or behind schedule? Is it under or over budget?
Both CV and SV are negative numbers, the project is both behind schedule and over budget. Therefore, the project is not doing well.
c.Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project performing better or worse than planned?
$150,000 than planned $120,000, so the project is performing worse than planned.
d.Use the SPI to estimate how long it will take to finish this project?
It will take 13.2 months to finish this project.
e.Sketch the earned value chart for this project,
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Using the below information answer only part e bolded.
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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...
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