Question: Simon is managing a simple project that involves painting the inside of a square room. On this project, only four walls will be painted. The

Simon is managing a simple project that involves painting the inside of a square room. On this project, only four walls will be painted. The project will last four days and one wall a day will be painted at the budgeted cost of $50 per wall. At the end of day 2, Simon reports the following status: 3 walls are complete and, so far, the total expenses are

$120. What is the earned value (EV)?

A. * $150 B. $120 C. $100 D. $50

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

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 Project Managers Questions!

Simon is managing a simple project that involves painting the inside of a square room. On this project, only four walls will be painted. The project will last four days and one wall a day will be...

What are the recommended actions for the following case study INTRODUCTION The Haunted Mansion attraction opened to the public August 9, 1969. One week after opening. more than 82,000 guests had seen...

Summarize the project for the following case study INTRODUCTION The Haunted Mansion attraction opened to the public August 9, 1969. One week after opening. more than 82,000 guests had seen the...

After reading the below article...Using the four steps below, complete a project management strategy for adding a long-term care facility to a hospital system using the template below. Things to...

How are the changes that Taco Bell implemented, such as K-minus, SOS, etc., similar to, or different from, the various concepts/techniques that were presented in weeks 1-8 in this module. Provide a...

Please read the case study. I have attached the link of case study and screenshots incase if link doesn't open....

According to the PMBOK Guide, "the WBS is a deliverable-oriented hierarchical decomposition of the work to be executed by the project team, to accomplish the project objectives and create the...

Team Assignment 1: American Constructors, Inc. Prepare a Word document that states the project objective. Write from the perspective of the project manager in the case. We are joining this project...

Does a firm classify the acquisition of a plant asset by common stock issuance as both an investing and a financing activity on the cash flow statement in the year of acquisition? Explain.

(a) Derive Eqs. (6.59) and (6.60) from Eq. (6.58). (b) Fill in the algebra needed to justify Eq. (6.61). Eq. (58) Eq. (59) Eq. (61) Î´VÎ± = Î´a Î´b...

Alfredo borrows a loan of $ 1 0 0 , 0 0 0 for his new restaurant at 8 % for 5 year with a 4 point upfront clause. What is the effective amount borrowed for this loan? 1 0 4 , 0 0 0 1 0 0 , 0 0 0 9 6...

Discuss the two views of the right side of the accounting equation.