Question: Earned Value Management 1 (30 points) A project is defined by the network precedence diagram given below. At the end of week 9, the Project

Earned Value Management 1 (30 points) A project

Earned Value Management 1 (30 points) A project is defined by the network precedence diagram given below. At the end of week 9, the Project Manager provided an update regarding the percentage of the individual tasks that had been completed as well as the actual costs incurred on the project. Activity A Duration Predecessor (Weeks) 2 5 A 8 B 7 5 B - 2wks 8 B Budget ($/Week) 1000 5000 3000 1000 4000 2000 000 UN Actual Cost ($) 2500 24000 18000 0 Budget Total 2000 25000 24000 7000 20000 16000 D E F %Complete 100% 100% 75% 0% 0% 25% 0 2000 Based Decrease Font Size TEHTUU., calculate: a) The cost variance b) The schedule variance c) The cost performance index d) The schedule performance index Show the work that was used to calculate these values

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

5) Earned Value Management 2 (30 points) A project is defined by the network precedence diagram given below. At the end of day 7, the Project Manager provided an update regarding the percentage of...

Analysis of lean construction practices at Abu Dhabi construction industry Raid Al-Aomar 1 Abstract Question: What are the current construction wastes in Abu Dhabi (AD) construction industry and what...

At the end of the assignment, you will be submitting the following: Part 1: (30 points) MS Project File labeled Baseline Baseline questions: 1. When is the project estimated to be completed? 2. How...

Question #1: Investment Decisions Provide an example of a company that has made a positive investment decision. Include the following: Name of the company Decision made Detailed financial Impact...

___1. Which of the following is an example of a direct cost on an IT project a. Salary of the project manager and subcontractor expenses b. Property taxes paid by the company c. Salary cost of...

Please help answer questions 3, 4, and 5 please answer #3,4, and 5 I updated the question so it is visable to read. please view all images. war.com N one Sat 1 Det Questions (5 points each = 30...

Hello I am in need of help with the second part to my lab. I need help filling out tables 1,2, and 3 based on the policies another tutor helped me make before hand. I will attach the policies as well...

The monthly utility bills in a city are normally distributed, with a mean of $100 and a standard deviation of $12. Find the probability that a randomly selected utility bill is (a) Less than $70, (b)...

Consider a design which is a 2 3-1 w4th 2 center runs. Consider y f as the average response at the design parameter and j/o as the average response at the design center. Suppose the true regression...

1. Express cach of the following as a trigonometric ratio of the acute angle (b) sin 176 (d) cos 99 (c) cos 107 (f) cos 175

Determine the major differences between U.S. GAAP and IFRS disclosure reporting requirements related to each separately reportable operating segment. Next, give your opinion as to whether either U.S....