Calculate BAC, AC, EV, PV, CV, SV CPI, SPI, and EAC for the following project examples....
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Calculate BAC, AC, EV, PV, CV, SV CPI, SPI, and EAC for the following project examples. The method of estimating for EAC will be specified for each project. For each project state whether the project is over/under budget and ahead/behind schedule. Show your work and round to two decimal places for dollar values and three decimal places others. You are the project manager of a road paving project. A total of 10km of road is to be paved over a 5-month period. The total budget for the project is $30,000. At the end of the 3rd month, you have completed 8 km of road and calculated the CPI to be 1.101. You expect the remaining work is to be done at the same budgeted rate. Calculate BAC, AC, EV, PV, CV, SV CPI, SPI, and EAC for the following project examples. The method of estimating for EAC will be specified for each project. For each project state whether the project is over/under budget and ahead/behind schedule. Show your work and round to two decimal places for dollar values and three decimal places others. You are the project manager of a road paving project. A total of 10km of road is to be paved over a 5-month period. The total budget for the project is $30,000. At the end of the 3rd month, you have completed 8 km of road and calculated the CPI to be 1.101. You expect the remaining work is to be done at the same budgeted rate.
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To solve this problem we need to define and calculate the following project management metrics BAC Budget at Completion The total budget for the proje... View the full answer
Related Book For
Methods of IT Project Management
ISBN: 978-1557536631
2nd edition
Authors: Jeffrey Brewer, Kevin Dittman
Posted Date:
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