Question: A-E are completed and need help with F-K. A. Project A was budgeted at $50,000 and it is 60% complete. Calculate the earned value. EV
A-E are completed and need help with F-K.
A. Project A was budgeted at $50,000 and it is 60% complete. Calculate the earned value. EV = 30,000
B. In Project A, 60% of the work is complete, but 80% (of $50,000 worth of work) was supposed to be completed. Calculate the planned value. PV = 40,000
C. In Project A, 60% of the work is done, 80% was supposed to be done, but regardless, the project has spent $45,000. What is the actual cost? AC = 45,000
D. Using the above calculated EV, PV, and AC, calculate the cost performance index, and explain if the project is under budget or over budget, and why? CPI = 0.66
E. Using the above calculated EV, PV, and AC, calculate the schedule performance index, and explain if the project is ahead of schedule or behind schedule, and why? SPI = 0.75
F. From the information available in exercise A, what is the budget at completion value? BAC =
G. Using the above calculated EV, AC, and BAC calculate the estimate at completion value for estimated to complete work performed at the budgeted rate. EAC =
H. Using the above calculated EV, AC, BAC, and CPI calculate the estimate at completion value for estimated to complete work performed at the present CPI. EAC =
I. Using the above calculated EV, AC, BAC, CPI, and SPI calculate the estimate at completion value for estimated to complete work considering both SPI and CPI factors: EAC =
J. Using the above calculated EV, AC, BAC, and EAC for exercise G, calculate the ToComplete Performance Index (based on the EAC). TCPI =
K. Using the above calculated EV, AC, and BAC calculate the To-Complete Performance Index (based on the BAC). TCP
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
