Question: no need for explanation Question 6 (2 points) Given a BCWP of $83,000, an ACWP of $85,000, a BAC of $100,000, and a BCWS a

no need for explanation
no need for explanation Question 6 (2 points) Given a BCWP of
$83,000, an ACWP of $85,000, a BAC of $100,000, and a BCWS
a of $78,000. Calculate the schedule variance and identify if the project
is ahead of schedule, on schedule, or behind schedule A) $5,000 -
Ahead of the schedule B) ($5,000) - Behind Schedule C) There is

Question 6 (2 points) Given a BCWP of $83,000, an ACWP of $85,000, a BAC of $100,000, and a BCWS a of $78,000. Calculate the schedule variance and identify if the project is ahead of schedule, on schedule, or behind schedule A) $5,000 - Ahead of the schedule B) ($5,000) - Behind Schedule C) There is insufficient information to calculate schedule variance OD) This project is on schedule Question 7 (2 points) Given a BCWP of $98,000, an ACWP of $100,000, a BAC of $150,000, and a BCWS of $98,000. Calculate the schedule performance index (SPI) and identify if the project is ahead of schedule, on schedule or behind schedule a A) 1 - This project is on schedule B) 0.98 - This project is behind schedule C) $146,000 - This project is ahead of schedule D) None of the above Which measure describes the total budgeted cost up to the analysis date? A) BCWP B) BCWS OC) BAC OD) EAC OE) ACWP What is/are the interesting statistic/s highlighted in this module in relation to cost control? A) 70% of projects are over budget B) 52% of all projects finish at 189% of their initial budget OC) 70% of projects are behind schedule D) All of the Above What is Earned Value Analysis? A) A method of measuring the work actually performed B) A method of forecasting a project's completion date and final cost OC) A method of providing schedule and budget variances D) All of the Above

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 Accounting Questions!