20. Consider the following budget and schedule of a project. The project manager tries to run activities to complete the project as fast as possible. After 4 weeks calendar time of project activity, 20,000 € have been spent and the activities 1-3 have been completed.

Use the EVA method to calculate

a) The earned value of the project

b) The cost performance indicator for the project

c) The schedule performance indicator for the project?

d) Estimate cost of project completion

e) Estimate time of project completion

Transcribed Image Text:

Activity Predecessor Duration Budget 1 week 7,000 € 1 week 6,000 € 3 1,2 1 week 3,000 € 4 3 2 weeks 8,000 € 5 4 I week 9,000 € 5 1 week 7,000 € Total 40,000 € 2. 6. Activity Predecessor Duration Budget 1 week 7,000 € 1 week 6,000 € 3 1,2 1 week 3,000 € 4 3 2 weeks 8,000 € 5 4 I week 9,000 € 5 1 week 7,000 € Total 40,000 € 2. 6.

Answer rating: 100% (QA)

a Earned value after completion of activities 13 7000 60003000 16000 ... View the full answer