Question: You are calculating the estimated time to completion for a project of 15 months duration and a budgeted cost of $350,000. Assuming the following information,

You are calculating the estimated time to completion for a project of 15 months€™ duration and a budgeted cost of $350,000. Assuming the following information, calculate the Schedule Performance Index and the estimated time to completion (figures are in thousands of U.S dollars):

Schedule Variances Planned Value (PV) Earned Value (EV) Schedule Performance Index Estimated Cost to Completion 65 58

Step by Step Solution

★★★★★

3.34 Rating (157 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Planned Value PV 65 E... 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

Students Have Also Explored These Related Operations Management Questions!

Using the data from Problem 7, calculate the following values: Schedule Variances Planned Value (PV) Earned Value (EV) Schedule Performance Index(SPI) Estimated Time to Completion Cost Variances...

The scenario: Croton City started its calendar year 2013 with the following General Fund balances (all numbers are in thousands of dollars). Croton has adopted the following budgetary and accounting...

The VanDuzer Company has the following footnote to its financial statements: Short-Term Investments The company holds the following short-term investments at December 31 (in thousands): 1. Compute...

Suppose, for Problem 13.20, that your PV was 70 and your EV was 95. Recalculate the SPI and estimated time to completion for the project with this new data. Problem 13.20 You are calculating the...

1 3 . 2 0 You are calculating the estimated time to completion for a project of 1 2 months duration and a budgeted cost of $ 5 0 0 , 0 0 0 . Assuming the following information, calculate the Schedule...

You are calculating the estimated time to completion for a project of 12 months duration and a budgeted cost of $500,000. Assuming the following information, calculate the Schedule Performance Index...

need help with problems 13.18-13.20 13.18 Using the data in the table below, complete the table by calculating the cumulative planned and cumulative actual monthly budgets through the end of June....

Answer to the 3 question in excel then screenshot and reply them here 1 You are calculating the estimated time to completion for a project of one-year duration and a budgeted cost of $500,000....

You are calculating the estimated time to completion for a project of 1-year duration and a budgeted cost of $500 000. Assuming the following information, calculate the Schedule Performance Index...

Answer the following questions about topic Volatile Organic Compounds (VOCs): 1. Describe where these hazardous building materials and chemicals might be found or used. 2. Why they were/are used. 3....

The following information was taken from the accounting records of Tomek Manufacturing Company. Unfortunately, some of the data were destroyed by a computer malfunction. Case A Case B Sales $150,000...

State and local governments cannot default on their bonds. Group of answer choices True False

=+ describe how you would encourage fans and potential fans to go to your site. How would you use digital media to motivate sports fans to purchase tickets and merchandise and attend games?

The daughter of the owner of a local hamburger restaurant is preparing to open a new fast-food restaurant called Hasty Burgers. Based on the arrival rates at her fathers outlets, she expects...

The manager of a branch office of Banco Mexicali observed that during peak hours an average of 20 customers arrives per hour and that there is an average of 4 customers in the branch office at any...

Balance sheet effects of leasing Two textile companies, McDaniel-Edwards Manufacturing and Jordan-Hocking Mills, began operations with identical balance sheets. A year later both required additional...

PLEASE ANSWER BOTH USING A BA II FINANCE CALCULATOR AND SHOW KEY STROKES. Will rate all answers, thanks!! "ROOM FOR INTERPRETATION RELATIVE TO THIS INSTRUCTION, AND NO APPEALS WILL BE CONSIDERED. 1....

Assume that Valley Forge Hospital has only the following three payer groups: The hospital s fixed costs are $ 3 8 million.