Table 3 shows the project costs (in thousand dollars) and other details for the project. Table...
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Table 3 shows the project costs (in thousand dollars) and other details for the project. Table 3: Project costs (in thousand dollars) and other details for the project Duration (in months) % Activity Plan 10 15 20 25 Complete A 3,500 5,500 9,000 100% 2,500 3,500 B 3,000 5,000 10,500 100% 2,500 3,500 5,500 15,000 65% D 5,500 5,500 2,500 13,500 16,000 55% E 4,500 3,500 8,000 50% 6,500 18,500 21,500 20,000 14,500 33,000 54,500 74,500 11,000 15,500 18,000 17,000 32,500 50,500 55,500 F 4,000 10,500 30% Plan 3,500 11,000 Cum. Plan 3,500 Actual 6,000 5,000 Cum. Actual 6,000 Required: 1. Given the current status of the project, calculate the earned value of the project. 2. Calculate the schedule performance index (SPI) of the project and explain what it tells about the current status of the project. 3. Calculate the cost performance index (CPI) of the project and explain what it tells about the current status of the project. 4. Calculate the estimated time to completion and explain what it tells about the current status of the project. 5. Calculate the estimated cost to completion and explain what it tells about the current status of the project. Table 3 shows the project costs (in thousand dollars) and other details for the project. Table 3: Project costs (in thousand dollars) and other details for the project Duration (in months) % Activity Plan 10 15 20 25 Complete A 3,500 5,500 9,000 100% 2,500 3,500 B 3,000 5,000 10,500 100% 2,500 3,500 5,500 15,000 65% D 5,500 5,500 2,500 13,500 16,000 55% E 4,500 3,500 8,000 50% 6,500 18,500 21,500 20,000 14,500 33,000 54,500 74,500 11,000 15,500 18,000 17,000 32,500 50,500 55,500 F 4,000 10,500 30% Plan 3,500 11,000 Cum. Plan 3,500 Actual 6,000 5,000 Cum. Actual 6,000 Required: 1. Given the current status of the project, calculate the earned value of the project. 2. Calculate the schedule performance index (SPI) of the project and explain what it tells about the current status of the project. 3. Calculate the cost performance index (CPI) of the project and explain what it tells about the current status of the project. 4. Calculate the estimated time to completion and explain what it tells about the current status of the project. 5. Calculate the estimated cost to completion and explain what it tells about the current status of the project.
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i The total earned value of the project is Percantage of Work Completed Budget ... View the full answer
Related Book For
Finite Mathematics and Its Applications
ISBN: 978-0134768632
12th edition
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair
Posted Date:
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