A project to develop a county park has an actual cost in month 17 of $350,000, a

Question:

A project to develop a county park has an actual cost in month 17 of $350,000, a planned cost of $475,000, and a value completed of $300,000. Find the cost and schedule variances and the three indexes.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Project Management A Managerial Approach

ISBN: 978-0470226216

7th Edition

Authors: Jack R. Meredith, Samuel J. Mantel,

See More Books

Question Posted: Jan 14, 2012 04:59 AM

See More Questions

A consulting project has an actual cost in month 10 of $23,000, a scheduled cost of $17,000, and a value completed of $20,000. Find the schedule and cost variances and the three indexes.
A project in its 26th week has an actual cost of $270,000. It was scheduled to have spent $261,000. For the work performed to date, the budgeted value is $272,000. What are the cost and schedule...
A project to develop technology training seminars is 5 days behind schedule at day 65. It had a planned cost of $735,000 for this point in time, but the actual cost is only $550,000. Estimate the...
Use lHospitals rule where applicable to find each limit. lim In(ex + 1) 5x
Jiminy Cricket Removal has a profit margin of 8 percent, total asset turnover of 1.24, and ROE of 14.30 percent. What is this firm's debt-equity ratio?
Determine convergence or divergence using any method covered so far. 00 n=1 2n + 1 4n
For each of the following situations, calculate the $t$-statistic $(t)$ : a. $\mathrm{X}^{-}=11.00 ; \mu=5 ; s \mathrm{X}^{-}=3.00$ b. $X^{-}=26.00 ; \mu=31 ; s X^{-}=2.00$ c. \(X^{-}=19.60 ;...
For its fiscal year ending October 31, 2014, Douglas Corporation reports the following partial data shown below. Income before income taxes .........$550,000 Income tax expense (30% $410,000)...
EGR 104 Practice Practicum 1 Name: Ocean Salinity Guidelines: 1. Put your name at the top of this document and return it at the end of the exam. 2. Materials provided for reference: ASCII Table,...
Burger King is a US-based fast food restaurant chain. Burger King advertises, develops new foods, and procures ingredients, but it owns almost none of the actual restaurants. Instead, the restaurants...
A software development project at day 70 exhibits an actual cost of $78,000 and a scheduled cost of $84,000. The software manager estimates a value completed of $81,000. What are the cost and...
Given an activity in an advertising project whose planned cost was $12,000 but actual cost to date is $10,000 so far and the value completed is only 70 percent, calculate the cost and schedule...
A wheel with a radius of 2.2 feet is turning at a constant rate of 400 revolutions per minute on a road. If the wheel traveled k miles in one hour what is the value of k? (1 mile = 5,280 feet)
Alley Limited recently purchased certain manufacturing equipment for $810 000. The equipment is expected to have a useful life of four years and a salvage value of $10 000. The manager of Alley...
Kingfisher Ltd had the following noncurrent assets on its balance sheet at 30 June 2014: On 1 July 2014, the land was revalued to $300 000, and the plant and equipment was revalued to $140 000. One...
1. Employees of Donovan Ltd are paid every Friday for the five-day working week from Monday to Friday. The weekly wages expense is $115 000. The accounting year-end is 31 December. Assume this falls...
East Hills Ltd began business on 1 July 2015 with each of the two owners contributing $20000 cash. The company paid $2200 in advance for a two-year lease of its retail premises. Inventory worth $3500...
Turku Services Company had a cash profit for its first year in business of $67 450 and an accrual profit of $49 860. Show how the two amounts reconcile, using the following information: 1....
If we cannot predict the future perfectly, then why do firms engage in financial forecasting?
Will the prediction interval always be wider than the estimation interval for the same value of the independent variable? Briefly explain.
In a lottery game, a single ball is drawn at random from a container that contains 25 identical balls numbered from 1 through 25. In Problem, use equation (1) to compute the probability that the...
It has been said that a key difference between CCPM safety and ordinary PERT chart activity slack is that activity slack is determined after the network has been created, whereas critical chain path...
What is a drum resource? Why is the concept important to understand in order to better control resource requirements for project portfolios?
Consider the following activities and their durations. The original project schedule, using early activity starts, is shown in Figure 11.20. Reconfigure the network using critical chain project...
Show the adjusting entries that you would make given the additional data below. In addition to the formal journal entry, please also indicate the type of adjusting entry that is being made, ...
I need one to three paragraphs written about the awk command in unix. Everything should be in a power point presentation. Make sure it contains the following: Command name Description How to use the...
If a firm does not grow as expected subsequent to convertible or bond-with-warrant issues, does that make it more or less likely that the securities will be converted or exercised?

A project to develop a county park has an actual cost in month 17 of $350,000, a

Question:

Step by Step Answer:

000 Month AC PV EV 17 350 475 300 ...View the full answer

Project Management A Managerial Approach

Students also viewed these Management Leadership questions