Assume you have completed half of a 6 month project. The BAC was $ 200,000. PV...
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Assume you have completed half of a 6 month project. The BAC was $ 200,000. PV = $ 120,000 EV = $ 100,000 AC = $ 90,000 !! %3! a. What is the cost variance, schedule variance, cost performance index ( CPI), and schedule performance index ( SPI) for the project? Show formula and calculation for each. b. How is the project doing? Is it ahead of schedule or behind schedule? Is it under budget or over budget? c. Use the CPI to calculate the estimate at completion ( EAC) for this project. Is the project performing better or worse than planned? d. Use the schedule performance index ( SPI) to estimate how long it will take to finish this project. Assume you have completed half of a 6 month project. The BAC was $ 200,000. PV = $ 120,000 EV = $ 100,000 AC = $ 90,000 !! %3! a. What is the cost variance, schedule variance, cost performance index ( CPI), and schedule performance index ( SPI) for the project? Show formula and calculation for each. b. How is the project doing? Is it ahead of schedule or behind schedule? Is it under budget or over budget? c. Use the CPI to calculate the estimate at completion ( EAC) for this project. Is the project performing better or worse than planned? d. Use the schedule performance index ( SPI) to estimate how long it will take to finish this project.
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a Cost variance EV AC 100000 90000 10000 Schedule variance EV PV ... View the full answer
Related Book For
Project Management Achieving Competitive Advantage
ISBN: 978-0133798074
4th edition
Authors: Jeffrey K. Pinto
Posted Date:
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