Question

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, a start date of 14, for example, means that work on the workpackage should start on work day 14 after the "Destiny" project's start. You have "progress to date" and "cost to date" data for both workpackages for the end of day 17 (see table). On day 18 you are asked to fill out the remaining columns, perform an Earned Value Analysis and comment on each of the workpackages' performances as well as on the overall performance of your project P2 2019 rogress To Report Date Cost ToProgress TO Date Finish Day...(S) 18 19 BCWP BCWS ACWP Cost Code Name (Start of (End of Date Day...) (End of () Day...) 17 17 P2 2019.1.10o WorkPackage P2 2019.1.200 WorkPackage Total for Project P2_2019 A) Finish the table above by filling in all of the missing values. (Use mathematical rounding and round to two decimal places. Don't include units.) В For the following schedule questions, enter f your answer ıs on track -1 f your answer is behind schedule or enter 1 if your answer is ahead of 43500 14 52200 100 77500 16 75 30515 schedule". B1: What's your assessment of the Work Package 1? Is Work Package 1 on track (0), behind schedule (-1) or ahead of schedule (1)? Answer: ·B2: What's your assessment of the Work Package 2? Is Work Package 2 on track (0), behind schedule (-1) or ahead of schedule (1)? Answer: . B3: What's your assessment of the project P22019 overall? Is the project on track (0), behind schedule (-1) or ahead of schedule (1)? Answer C) For the following budget questions, enter 0 ifyour answer is "on budget", -1 if your answer is "over budget" or enter 1, if your answer is "under budget". C1: What's your assessment of the Work Package 1? Is Work Package 1 on budget (0), over budget (-1) or under budget (1)? Answer: C2: What's your assessment of the Work Package 2? Is Work Package 2 on budget (0), over budget 1) or under budget (1)? Answer: C3: What's your assessment of the project P2 2019 overall? Is the project on budget (0), over budget (-1) or under budget (1)? Answer:

Answer 1

Code	Budget	Start Date	End Date	Report Date	Actual Cost	% of Completion	BCWP $	BCWS $	ACWP $	CPI $	SPI $
1	43500	14	18	17	52200	100	43500	43500	52200	0.83	1.00
2	77500	16	19	17	30500	75	58125	25831	30500	1.91	2.25
							101625	69331	82700

BCWP = Budget Cost x % of Completed

BCWS= Budget Cost x % of Schedule Time

1 = 43500* (17-14)/ (18-14)

2 = 77500 * (17-16)/ (19-16)

CPI = BCWP / ACWP

SPI = BCWP/ BCWS

B) Based on Schedule

CV = BCWP - BCWS

1 st work order = 43500 -43500 = 10875 Ans is 0

2 nd work order = 58125 -25831 = 32294 Ans is 1

Total work order = 101625 -69331 = 32294 Ans is 1

B) Based on Schedule

CV = BCWP - BCWS

1 st work order = 43500 -43500 = 10875 Ans is 0 TRACK

2 nd work order = 58125 -25831 = 32294 Ans is 1 AHEAD

Total work order = 101625 -69331 = 32294 Ans is 1 AHEAD

B) Based on Schedule

CV = BCWP - BCWS

1 st work order = 43500 -43500 = 10875 Ans is 0

2 nd work order = 58125 -25831 = 32294 Ans is 1

Total work order = 101625 -69331 = 32294 Ans is 1

C) Based on Budjet

CV = BCWP - ACWP

1 st work order = 43500 - 52200 = - 8700 Ans is -1 BEHIND

2 nd work order = 58125 - 30500 = 27625  Ans is 1 AHEAD

Total work order = 101625 -82700 = 18925 Ans is 1 AHEAD