Question: CASE STUDY Your firm MS Ankomadu has won a project of 1,785,000 to build a 161kV/33kV sub-station. You have been selected as the project manager
CASE STUDY
Your firm MS Ankomadu has won a project of 1,785,000 to build a
161kV/33kV sub-station. You have been selected as the project manager to lead
the project team for the successful execution of the project.
You are the project manager, there are a total of 8,400 hours of work schedule
on the project. You made your checks with the accounting department, and they
told you that you have spent a total of 1,144,000. According to the schedule,
your team should have worked 5000 hours, but your foreman says that the team
was allowed to work some overtime, and they have actually put in 5000 hours
of work.
Base on the CASE STUDY calculate the following Earned Value
numbers and write their full meaning of the following: - PV, EV, CV,
BAC, AC, SV, SPI, and CPI.
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