Question: Check my work for parts A-D and answer part E and F please! Thank you Assume that operations on a work package were expected to
Assume that operations on a work package were expected to cost $1,500 to complete the package. They were originally scheduled to have been finished today. At this point, however, we have actually expended $1,200, and we estimate that we have completed four-fifths of the work. A. What is the Cost Variance? (.2 pt) B. What is the Cost Performance Index? (.2 pt) C. What is the Schedule Variance? (.2 pt) D. What is the Schedule Performance Index? (.2 pt) E. Are they over budget or under budget? Why? (.2 pt) F. Are they behind schedule or ahead of schedule? Why? (.2 pt) Show all your work. You may not get full credit if you don't show all your work including calculations. Edit View insert Format Tools Table 12pt Paragraph B IAQT2 EV=15004/51200PV=12004/5=960 A) CV=EVAC//CV=12001200($0) B) CPI-(EV/AC) // CPI= (1200/1200)1 C) 5V=EVPV//1200960$240 D) SPl=(EV/PV)//1200/960=1.25
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
