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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