Question: 1 0 . 7 table [ [ Activity , COST,April,May,June,July,August,Sept ] , [ A , $ 5 0 , , , , , ,

10.7
\table[[Activity,COST,April,May,June,July,August,Sept],[A,$50,,,,,,],[B,$120,,,,,,],[C,$80,,,,$64,,],[D,$200,,,,,,],[E,$120,,,,,,],[F,$300,,,,$60,,],[G,$60,,,,,,],[H,$70,,,,,,],[J,$50,,,,,,],[K,$80,,,,,,]]
After 3 months on the job (July 1), the contractor concluded that 20% of Activity F (Activities A, B, and D are completed) was completed, 80% of Activity C was completed, and 40% of Activity E was completed. The project has cost the contractor a total of $535. For this project, using earned value concepts, determine the schedule variance and the cost variance. State if the project is over or under the budget and if it is ahead or behind schedule. |
 10.7 \table[[Activity,COST,April,May,June,July,August,Sept],[A,$50,,,,,,],[B,$120,,,,,,],[C,$80,,,,$64,,],[D,$200,,,,,,],[E,$120,,,,,,],[F,$300,,,,$60,,],[G,$60,,,,,,],[H,$70,,,,,,],[J,$50,,,,,,],[K,$80,,,,,,]] After 3 months on the job (July 1), the

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 General Management Questions!