Exercise 2 Your project is required toinstall lighting fixturesin a200-roomhotel. You havetoinstall5 lightingfixtures ineach room. Your project'sapproved
Question:
Exercise 2
Your project is required to install lighting fixtures in a 200-room hotel. You have to install 5 lighting fixtures in each room. Your project's approved budget is $500,000 and the approved schedule is 14 weeks.
After 8 weeks, you have 110 of the rooms completed and you have spent $250,000.
Determine the value for each of the terms below:
Baseline Information | Value |
Total rooms to install lighting |
|
Rooms completed |
|
Total project duration (weeks) |
|
Duration Elapsed Current |
|
Percentage completion (110/200) rooms complete |
|
Calculate Current Project Status | Value | Explanation |
Budget At Completion |
|
|
Planned Value |
|
|
Earned Value |
|
|
Actual Cost |
|
|
Cost Variance (EV - AC) Explain Are we over/under budget? |
|
|
Schedule Variance (EV - PV) Explain Are we ahead/behind schedule |
|
|
Cost Performance Index (EV/AC) How efficiently are we using money? |
|
|
Estimate At Completion (BAC/CPI) Will project be over/under budget at completion? |
|
|
please try to send it back filled out in same formate or Cleary where it should go thank you ( Also if it helps you can fill it right in the blank spots
Foundations of Finance The Logic and Practice of Financial Management
ISBN: 978-0132994873
8th edition
Authors: Arthur J. Keown, John D. Martin, J. William Petty