Question: PART B QUESTION 1 You are managing software application project which is to be completed at a budget of RM120,000. Earned value analysis shows that

PART B QUESTION 1 You are managing software

PART B QUESTION 1 You are managing software application project which is to be completed at a budget of RM120,000. Earned value analysis shows that so far you have completed 30% of the work and spent RM60,000. You expect the cost performance to remain unchanged. Perform the following: i. ii. iii. iv. V. vi. Earned value (EV) Cost performance index (CPI) Estimate at completion (EAC) Estimate to complete (ETC) To Complete Performance Index (TCPI) What can you deduce about the state of the project from the above calculations? and How EV analysis help project manager and management? (20 marks) vii

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!

You are managing software application project which is to be completed at a budget of RM120,000. Gamed value analysis shows that so far you have completed 30% of the work and spent R1460,000. You...

This assignment does not have a decision for you to make. You must perform an earned value analysis (EVA) of two project phases and assess their performance based on the EVA results. After completing...

Chapter 10 Business Process and Information Systems Development \"Jeff, we clean the clubhouse restrooms twice a day . . . in the morning before 7 and again just before lunch. We've been doing that...

Need ONLY an answer to Part C, step 1, questions 1 and 3. Term Project Part A: Understanding Financial Statements Locate and use an annual report STEP 1: The Company Assigned to you Find the most...

Manage Your Health, Inc. (MYH) is listed in the Fortune 500 Company that provides a variety of healthcare service across the globe. They have 20,000 full-time and 9,000 part-time employees. A study...

You quickly realize that you need to identify the root cause of the issue and develop a strategy to address the Executive Sponsors issue quickly and effectively. As you struggle with Tom and Dianes...

The Case Study: The VP of Operations and CEO of Business insight have called you into the office boardroom for a closed-door meeting. You have been feeling stressed lately juggling stakeholders...

I need the following questions broken down in a more understandable manner. Particularly questions 2,3 and 4. I understand what is needed in question number 1. Do they want me to link number 1 to...

Good afternoon, I need help with my earned value analysis that I am calculating wrong below: C1. Earned Value Analysis Team EV AC PV CV CPI SV SPI System $ 6,808.00 $ 6,800.00 $ 7,009.52 $ 8.00 1.00...

Monitoring and Controlling Template Project Title Project Manager Customer Name A. Risk Assessment Risk Description Likelihood (L, M, H) Impact (L, M, H) Responsible Person Prevention/Mitigation...

Twabo Limited and KenCore Limited need to raise funds. Twabo Limited is a high teck company which is in high growth business, with good prospects for future projects. The business is volatile and...

It is being decided whether or not to replace an existing piece of equipment with a newer, more productive one that costs $80,000 and has an estimated MV of $20,000 at the end of its useful life of...

Sarah is an investor who holds a conservative portfolio for her retirement. While she holds her portfolio, she use the extra cash that she saves throughout the year in order to buy fold futures. what...

What is an example of constructive feedback? provide reference