Question: Given the following information for a one-year project, answer the following questions. Note: Assume you have actual and earned value data at the end of

  1. Given the following information for a one-year project, answer the following questions.

Note: Assume you have actual and earned value data at the end of the second month.

PV= $23,000

EV= $20,000

AC= $25,000

BAC= $120,000

  1. What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the project?
  2. How is the project progressing? Is it ahead of schedule or behind schedule? Is it over or under budget?
  3. Use the CPI to calculate the estimate at completion (EAC) for this project.
  4. Use the SPI to estimate how long it will take to finish this project.

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!

Q:

Suppose that player B rather than player A gets to move first in the sequential game described in this chapter. Draw the extensive form of the new game. What is the equilibrium for this game? Does...

Q:

Given the following information for a one-year project, answer the following questions. Planned Value (PV) = $30,000 Earned Value (EV) = $27,000 Actual Cost (AC) = $25,000 Budget at Completion (BAC)...

Q:

Given the following information for a one-year project, answer the following questions. Planned Value (PV) = $30,000 Earned Value (EV) = $27,000 Actual Cost (AC) = $25,000 Budget at Completion (BAC)...

Q:

Given the following information for a one-year project, answer the following questions. Planned Value (PV) = $30,000 Earned Value (EV) = $27,000 Actual Cost (AC) = $25,000 Budget at Completion (BAC)...

Q:

Please solve, only part e, Thank you Given the following information for a one-year project, answer the following questions. Assume you have actual and earned value data at the end of the second...

Q:

Please solve , most important part e, Thank you Given the following information for a one-year project, answer the following questions. Assume you have actual and earned value data at the end of the...

Q:

Project Management Given the following information for a one-year project, answer the following questions. Assume you have actual and earned value data at the end of the second month. Recall that PV...

Q:

Given the following information for a one-year project, answer the following questions. Assume you have actual and earned value data at the end of the second month. Recall that PV is the planned...

Q:

Given the following information for a one-year project, answer the following questions. Assume you have actual and earned value data at the end of the second month. Recall that PV is the planned...

Q:

Given the following information for a one-year project, answer the following questions. Assume you have actual and earned value data at the end of the second month. Recall that PV is the planned...

Q:

Chp. 8 \#2 pg. 368 Given the following information for a one-year project, answer the following questions. Assume you have actual and earned value data at the end of the second month. Recall that PV...

Q:

The IRT is a not-for-profit (NFP) organisation which is a large provider of residential aged care (and ancillary services) which has operated in the market across its footprint in the Illawarra and...

Q:

Define the following terms: i. P-Code ii. PDOP Mask iii. Position Dilution of Precision

Q:

(15) Use either indirect proof or conditional proof to derive the conclusions of the following symbolized arguments. 1. (x)Ax (x)(Bx Cx) 2. (x)Cx (x)(Dx Ex) / (x)(Ax Ex)

Q:

atch the compensation objectives with their meanings. Efficiency Efficiency drop zone empty. Fairness Fairness drop zone empty. Compliance Compliance drop zone empty. Improving performance and...