9. What are the calculated CPI, CV, SPI, and SV for Figure 9.2 as of day eight
Question:
9.
What are the calculated CPI, CV, SPI, and SV for Figure 9.2 as of day eight and how does that compare to the results discussed in the narrative earlier?
Transcribed Image Text:
Work Days: Estimated Hours/Day Cumulative Hours Actual Hours/Day Cumulative Hours Earned Hours/Day Cumulative Hours Man-hours: 400 360 300 240 180 120 60 0 1 2 32 32 32 64 22 22 32 32 30 52 40 72 3 32 96 2 30 82 40 112 Earned: 3 4 32 128 30 112 0 112 Actual: 4 5 32 160 30 142 0 112 6 34 194 5 30 172 0 112 7 34 228 Earned Value Curve Guest Room Appliances 6 Days 30 202 60 172 Earned 7 8 34 262 30 232 60 232 9 32 294 8 Estimated/Planned: 10 32 326 9 10 11 32 358 11 Simple Analysis: Cost: On day eight, the foreman had spent 232 hours, and also earned 232, therefore he was right on budget. This is the vertical measurement between the actual and earned curves. Schedule: On day eight, the foreman had earned 232 hours but was scheduled to have done so approximately by day seven, therefore he is approximately one day behind of schedule. This is the horizontal measurement. Figure 9.2 Earned value work package 12 32 390 12 Totals 390 232 232
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (1 review)
CPI 232232 CV 232232 1 On bud...View the full answer
Answered By
Anjali Arora
Having the experience of 16 years in providing the best solutions with a proven track record of technical contribution and appreciated for leadership in enhancing team productivity, deliverable quality, and customer satisfaction. Expertise in providing the solution in Computer Science, Management, Accounting, English, Statistics, and Maths.
Also, do website designing and Programming.
Having 7 yrs of Project Management experience.
100% satisfactory answers.
5.00+
3+ Reviews
10+ Question Solved
Related Book For
Cost Accounting And Financial Management For Construction Project Managers
ISBN: 9781138550650
1st Edition
Authors: Len Holm
Question Posted:
Students also viewed these Business questions
-
1. The famous capital asset pricing model or CAPM is a single factor model that characterizes the portion of an assets total return that results from systematic movements in the broader market. It is...
-
The following financial information is for Ambroise Industries Inc.: Ambroise is a distributor of auto parts operating in eastern Ontario that offers 30-day terms and has all sales on credit. The...
-
Differentiate between the following terms. 1- Periodic and Special reports 2- Resume and Curriculum vitae Explain with steps and examples
-
Julio sold his corporation to a competitor, Exeter LLC, for $100,000,000. Julio incorporated his business 17 years ago by investing $500,000 plus his proprietary know-how. There have been no other...
-
The 10-lb uniform rod ABD is attached to the crank BC and is fitted with a small wheel that can roll without friction along a vertical slot. Knowing that at the instant shown crank BC rotates with an...
-
Taylor Stitch has both a bricks and mortar store and an online store. What are the advantages and disadvantages of this strategy?
-
Alternatives 1, 2, and 3 have lives of 3, 4, and 6 years, respectively. Their net cash flow (NCF) and salvage value (SV) profiles are as follows: Additional explanation is necessary: The NCF profile...
-
Finnish Furniture manufactures tables in facilities located in three cities-Reno, Denver, and Pittsburgh. The tables are then shipped to three retail stores located in Phoenix, Cleveland, and...
-
How much energy does a male Jackson's widowbird of mass 45 g expend when jumping to a height of 1.0 m during its mating ritual? Neglect all losses due to air resistance
-
In your opinion, what might have happened with the appliance work package in Figure 9.2? Why did the curve rise so quickly, flatten out, and then rise again? Work Days: Estimated Hours/Day Cumulative...
-
Which of the nine options in Figure 9.1 would be considered by a contractor to be a) Most preferable, b) Least preferable, c) Completely neutral? Work Days: Estimated Hours/Day Cumulative Hours...
-
In Exercises find a power series for the function, centered at c and determine the interval of convergence. f(x) 1 1 - 3x c=0
-
Prove that an affine matrix of determinant d changes the area of convex polygons by a factor of d as follows. (a) Show that a matrix A = 1 P 0 0 0 changes the area of a triangle 0 0 1 by a factor of...
-
Multistage Growth A firm projects that dividends will grow at a rate of 10% per year for four years and then will grow at a rate of 4% per year forever. The stock's required return is 12% and the...
-
Youestimatetheexpectedarithmeticmean,standarddeviation,andcorrelationmixof your stock bond portfolio as follows: ArithmeticMean Standard Deviation Correlations Stocks Bonds Stocks 10% 20%...
-
Financial Statements and Closing Entries Outdoors, Inc. publishes magazines for skiers and hikers. The firm has the following adjusted trial balance at December 31. OUTDOORS, INC. Adjusted Trial...
-
Ten years from now, you plan on taking a year's unpaid biking across the US from d vacation an Phifadefphra to San Diego. You estimate that expenses, e.g. hotels, bike repairs, food, tolls, etc, Will...
-
But, Mr. Miller, you have said that the opportunity cost of capital is the rate of return on alternative investment projects available to the firm. So long as the firm has debt outstanding, one...
-
[a] Two foam blocks, each with a charge of 19 micro coulombs (1 C = 10-6 C), are both held in place 19 cm apart in the east-west direction. A foam ball with a charge 49 C is placed 55 cm north of the...
-
Europa Associates prepares architectural drawings to conform to local structural-safety codes. Its income statement for 2020 is as follows: The percentage of time spent by professional staff on...
-
Assume the same information for Turcotte as in Problem 11-36. Working brake pads yield a profit of $25. If defective brake pads are identified before they are shipped, they can be fixed and sold as...
-
Flextron Company is a contract manufacturer for a variety of pharmaceutical and over-the-counter products. Lynn Sanger, one of Flextrons quality control managers, obtains the following information...
-
You want to buy your dream car which will cost you $5100. If you could invest your entire savings of $4000 at an annual interest of 11%, how long (in years rounded to two decimal places) would you...
-
calculate true Nominal Rate & Approximate Real Rate Inflation, nominal interest rates, and real rates. Given the following informa- tion, estimate the real rate with the approximate nominal interest...
-
In Pharmaceutical sector,explainhow does the different key parts (top management, middle management, administration, technical structureand operationalcore) play their respective role in an...
Study smarter with the SolutionInn App