Question: 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

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 schedule and cost variances. Re-estimate the variances if the actual cost had been $750,000.

Step by Step Solution

★★★★★

3.46 Rating (166 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

000 AC 550 AC 750 Day AC PV EV Day AC PV EV 65 550 73... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

84-B-M-L-P-M (281).docx

120 KBs Word File

Students Have Also Explored These Related Management Leadership Questions!

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...

I was once on a project to develop a system that should have taken a year to build. Instead, the business need demanded that the system be ready within 5 monthsimpossible! On the first day of the...

Suppose you are considering a project to develop a new software package. You and your team are making a list of the revenues and costs that are relevant in the computation of the project's NPV. For...

PERT - Expected Time Given the following financial project being consider by a venture firm, answer the following questions: a) What is the probability of completing the project in 17 weeks? b) What...

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...

Earned Value 6. 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....

6. 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...

Moving to another question will save this response. 15 points estion 3 A project to develop technology training seminars is 5 days behind schedule on day 65 It had a planned cost of $735,000 for this...

Please could you explain me step by step, I would appreciate it. (20). Chapter 10-Monitoring and Information Systems 6. A project to develop technology training seminars is 5 days behind schedule at...

. 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...

Should unit price be used as the sole criterion for selecting suppliers? Why or why not?

Calculate the Contribution Margin % of a few items on your menu: 1. Menu item A 2. Menu item B 3. Menu item C 4. Menu item D 5. Menu item E Menu Item Menu item A Menu item B Menu item C Menu item D...

Show me the steps to solve Rush - and - Cash's stock is currently traded at $ 1 6 0 per share. The stock price will either go up or go down by 2 0 % in each of the next two years. The annual interest...

A discount retailer of basic household necessities employs thousands of people and pays most of them at the minimum wage rate. Yet following a federally mandated increase of the minimum wage rate...

Expertise is typically stored in structured documents throughout the firm Thue

What type of attachment contains messages with attached files that contain malicious software.

Activity on Presentation of Data and Computation of Mean A. Explore the Microsoft excel in terms of presenting data through graphs. B. Gather data available from your homes or workplaces, organized...