Question: For the project schedule below Activity Cost Month Month Month Month Month Month 1 2 3 4 5 6 A $500 B $1200 C $800

For the project schedule below

Activity

Cost

Month

Month

Month

Month

Month

Month

1

2

3

4

5

6

A

$500

B

$1200

C

$800

D

$2000

E

$1200

F

$3000

G

$600

H

$700

I

$500

J

$600

After three months on the job, the contractor concluded that Activities A, B, and D are completed, 20% of Activity F was completed, 80% of Activity C was completed, and 40% of Activity E was completed. The project has cost the contractor a total of $5350. For this project,

  • Calculate the overall percent complete for the project.
  • Using earned value concepts determine the ACWP, BCWP, BCWS, CV, SV, SV(days), CPI, SPI, FCV, FSV
  • Based on performance so far, do you believe the subcontractor will finish the job on time? Within budget? Justify your answer.

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!