Question: A project is set to be completed in 12 months with an estimated budget cost of $520,000. 6 months have passed, and expenses were $240,000.

A project is set to be completed in 12 months with an estimated budget cost of $520,000. 6 months have passed, and expenses were $240,000. The completion of work is set to be $270,000

What is the planned value PV of the project?

What is the actual cost AC of the project?

What is the earned value EV of the project?

Find the SPI and CPI of the project.

Is the project ahead or behind schedule?

Is the project under or over budget?

What is the estimated cost to complete the project?

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!

Exercise 19-8 (Algo) Stock options exercise; expirations [LO19-2] Walters Audio Visual Inc. offers an incentive stock option plan to its regional managers. On January 1, 2021, options were granted...

Project Management Case Study Gocoul Communications Inc BACKGROUND Gocoul Communications, Inc. (GCI) is a 30-year-old, $350 million division of Communication Systems International, Jamaicas largest...

Sasha Gaye assigned Richard Green, a member of the project team, a work package on the largest project which needs to be completed in 12 months. The approved budget for this set of activities is...

2. E-Motion Visual Enterprise is contracted to finish a filming project predetermined to be completed in 18 months. The filming project's budget is R955 000. Eight (8) months have passed and R725 000...

Can you please solve this project. I have provided all the instructions and materials. Thank you. Financial Statement Information Err:504 Accounts payable Accounts receivable Depreciation expense...

Question 4 You have been appointed to the position of Project Manager for the development of a Surface Mine. From the pven data complete the following a) Draw the Work Breakdown Structure of the Mine...

I need the importance of cost baseline for the following project: 1. Project Purpose/Background Toronto has a long-standing tradition of welcoming immigrants, and it is recognized as one of Canada's...

project management and finance Question 3 a) Figure Q3 (a) shows a network for a project with internal resource demands. d. 10 [3] a. 5 b, 10 [2] h, 5 [2] e, 10 1,5 [21 [3] Code: activity, time...

What did I do wrong? I made a mistake and I don't know where. Can you help me solve my problem and help me understand where I made a mistake. Required information [The following information applies...

Remaining Time: 57 minutes, 05 seconds Less than half of the team Question Comeletion Status Question 10 Save A You have a project to be completed in 12 months. The budget for the project is 100.000...

Required information [The following information applies to the questions displayed below. Santana Rey created Business Solutions on October 1, 2017. The company has been successful, and its list of...

Wilbur and Orville are brothers. They're both serious investors, but they have different approaches to valuing stocks. Wilbur, the older brother, likes to use the dividend valuation model. Orville...

Explain why a company with lower unit costs than its competitors would be likely to hold an aggressive stance.

Merrimack Clinic plans to purchase a new centrifuge machine for its Idaho facility. The machine costs \ ( \ $ 2 2 5 , 0 0 0 \ ) and is expected to have a useful life of 1 0 years, with a terminal...

Case Greenbuilders Pte Lid ("GPL") is a local construction company which specialises in providing bespoke Design and Build construction services for private residential homes that are designed to be...