Question: 1) You are performing an earned value analysis (EVM) on your 28-week project. The project was scheduled to be 50% complete at this time. You

1)

You are performing an earned value analysis (EVM) on your 28-week project. The project was scheduled to be 50% complete at this time. You have completed 14 of the 32 deliverbles (all of equal value). You have spent $28,000 of your original budget of $48,000.

What is the Earned Value (EV)?

2)

You are performing an earned value analysis (EVM) on your 28-week project. The project was scheduled to be 50% complete at this time. You have completed 14 of the 32 deliverbles (all of equal value). You have spent $28,000 of your original budget of $48,000.

What is the Planned Value(PV)?

3)

You are assisting a project manager who is building a brand new data centre for Conestoga College. Project manager asked you to estimate the costs for the foundation. You have the following data: 20 cubic yards (CY) of soil to be removed, 2,000 pounds of steel rebar to be installed, and 30 CY of concrete to be placed. Soil removal costs $50/CY, steel rebar costs $1.50/pound installed; and concrete costs $300/CY placed. Calculate how much the foundation will cost, using the parametric estimating method.

4)

You are performing an earned value analysis (EVM) on your 28-week project. The project was scheduled to be 50% complete at this time. You have completed 14 of the 32 deliverbles (all of equal value). You have spent $28,000 of your original budget of $48,000.

Schedule Variance (SV)?

5)

You are performing an earned value analysis (EVM) on your 28-week project. The project was scheduled to be 50% complete at this time. You have completed 14 of the 32 deliverbles (all of equal value). You have spent $28,000 of your original budget of $48,000.

How is the project doing? Select all that apply?

head of schedule

Behind schedule

Under budget

Over budget

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