Consider the following summary interim cost reports of a project, say in week 10. Assume that...
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Consider the following summary interim cost reports of a project, say in week 10. Assume that A, B, C and D are the only work packages in the project. Total Budgeted Activity cost for the activity Budgeted cost of work scheduled (PV) A B C D $1,000 $1,000 $1,000 $700 $1000 $0 $500 $1,000 (Hint: One of the columns gives you PV directly. There is no need to separately calculate it.) % Complete Actual Cost EV 100 50 0 60 $1,100 $900 $0 $400 CV SV a) Calculate the EV, CV and SV for each activity. What is your assessment of the progress of each activity? Calculate the EV, CV, SV, CPI and SPI for the project, and the critical ratio (CR). What is your assessment of the entire project so far based on these calculations? (11 Points) Consider the following summary interim cost reports of a project, say in week 10. Assume that A, B, C and D are the only work packages in the project. Total Budgeted Activity cost for the activity Budgeted cost of work scheduled (PV) A B C D $1,000 $1,000 $1,000 $700 $1000 $0 $500 $1,000 (Hint: One of the columns gives you PV directly. There is no need to separately calculate it.) % Complete Actual Cost EV 100 50 0 60 $1,100 $900 $0 $400 CV SV a) Calculate the EV, CV and SV for each activity. What is your assessment of the progress of each activity? Calculate the EV, CV, SV, CPI and SPI for the project, and the critical ratio (CR). What is your assessment of the entire project so far based on these calculations? (11 Points)
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The provided image contains a table for a project cost report involving four activities A B C and D The data given allows for the calculation of Earne... View the full answer
Related Book For
Project Management A Systems Approach to Planning Scheduling and Controlling
ISBN: 978-0470278703
10th Edition
Authors: Harold Kerzner
Posted Date:
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