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You have a project that is scheduled to be completed in 10 days at a budgeted cost of $100,000. At the end of day 6 you do an analysis and you determine the job is 70% complete and you have spent $65,000. Assumptions: 1) The following Earned Value Analysis was performed under the assumption that the baseline plan has a purely linear distribution rate of a) daily planned value, b) daily planned % complete. 2) For the EAC, this report uses the EAC formula of EAC = BAC/CPI, which is one of the EAC formulas; assuming the current trend of the cost performance will be typical of the project going forward. 1. What is the project's earned value? 2. What is the project's budget at completion? 3. Is the project ahead, behind schedule or on time? 4. Is the project expected to complete on budget, under or over budget? 5. What is the project's SPI? 6. What is the project's CPI? You have a project that is scheduled to be completed in 10 days at a budgeted cost of $100,000. At the end of day 6 you do an analysis and you determine the job is 70% complete and you have spent $65,000. Assumptions: 1) The following Earned Value Analysis was performed under the assumption that the baseline plan has a purely linear distribution rate of a) daily planned value, b) daily planned % complete. 2) For the EAC, this report uses the EAC formula of EAC = BAC/CPI, which is one of the EAC formulas; assuming the current trend of the cost performance will be typical of the project going forward. 1. What is the project's earned value? 2. What is the project's budget at completion? 3. Is the project ahead, behind schedule or on time? 4. Is the project expected to complete on budget, under or over budget? 5. What is the project's SPI? 6. What is the project's CPI?
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Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
Posted Date:
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