Objective:

This assignment is intended to help you practice earned value management techniques and analysis with

a view of developing this skill. It is an individual assignment, and NO collaboration, or assistance of any

kind will be accepted.

Description

A certain activity was planned to be completed in 10 weeks, with a budget of $300,000, phased over the

10 weeks ($30,000 per week), with 10% of the work to be completed each week. At the end of the first

week, the activity was 9% completed. The following is additional information related to this activity:

S30.000 (each week)

Planned value (PV):

Actual cost (AC):

S25.000 (at the end of the first week)

S300,000 (for the whole activity)

Budget at Completion (BAC)

Original (approved) Time Estimate(OTE): 10 wecks (for the whole activity)

Required--Compute and answer the following (show all your calculations):

a) Earned value (EV):

b) i) Cost variance (CV):

ii) Schedule variance (SV):

iii) Cost performance index (CPI):

iv) Schedule performance index (SPI):

c) Estimate at completion (EAC):

d) Estimate to complete (ETC)

e) Estimated time to complete (ETTC):

) How is the project progressing (be specific, indicating the underlined keyword):

Is it ahead of schedule or behind schedule? Why do you think so?

i)

Is it under budget or over budget? Why do you think so?

ii)

Notes:

You must show all your work that supports the answer

ldentify the answer for each question with its letter code (eg. (a) or( i).

The assignment must be submitted by uploading it to Blackboard through the link

"Submitting Homework" to the "Assignment No 3" folder.

Upload a Word or PDF format of your solution to Blackboard by midnight Thursday April 22th,

2021.

Objective: This assignment is intended to help you practice earned value management techniques and analysis with a view of developing this skill. It is an individual assignment, and NO collaboration, or assistance of any kind will be accepted. Description A certain activity was planned to be completed in 10 weeks, with a budget of $300.000. phased over the 10 weeks ($30,000 per week), with 10% of the work to be completed each week. At the end of the first week, the activity was 9% completed. The following is additional information related to this activity: Planned value (PV): $30,000 (each week) Actual cost (AC): $25.000 (at the end of the first week) Budget at Completion (BAC) $300,000 (for the whole activity) Original (approved) Time Estimate(OTE): 10 weeks (for the whole activity) Required-Compute and answer the following (show all your calculations: a) Earned value (EV): b) 1) Cost variance (CV): ii) Schedule variance (SV): iii) Cost performance index (CPI): iv) Schedule performance index (SPI): c) Estimate at completion (EAC): d) Estimate to complete (ETC) e) Estimated time to complete (ETTC): How is the project progressing (be specific, indicating the underlined keyword): i) Is it ahead of schedule or behind schedule? Why do you think so? ii) Is it under budget or over budget? Why do you think so? Notes: You must show all your work that supports the answer Identify the answer for each question with its letter code (eg. (a) or(ii)). The assignment must be submitted by uploading it to Blackboard through the link "Submitting Homework to the "Assignment No 3" folder. Upload a Word or PDF format of your solution to Blackboard by midnight Thursday April 22th, 2021