Question: please answer this in steps asap thanks A project has a total allocated budget of 5 0 0 K AED and a planned duration of

please answer this in steps asap thanks
A project has a total allocated budget of 500 K AED and a planned duration of 250 days. The project has been running for 100
days and it estimated that the actual cost amounts to 200K AED. Looking at the project deliverables, you have identified that
up to the current date 400 units out of the total 1200 units have been delivered.
Perform an EVA of the project at this date. Determine the below parameters:
EVA of the Project at Day 100:
The Istimate At Completion ( AC ) is the expected total cost of completing all the work.
The fstimate To Completion (CTC) is the expected cost to finish all remaining work. ETC = EAC - AC
The Variance At Completion (VAC) is the estimated difference in cost at the completion of the project. VAC = BAC - EAC.
Assuming the future work from Day 100 onwards will be completed at the planned rate, EAC is given by
EAC=BAC+(AC=EV).
Determine EAC, as well as ETC and VAC.
50 days later, you decide to perform an EVA of the project. The accounting team informs you that the actual conts have now
reached 350 K AED. 200 additional units have been dellvered.
Perform an EVA of the project at this date. Determine the below parameters:
EVA of the Project at Day 150:
Assuming the remaining work from Day 150 onwards will be influenced by both the SPI and CPI, EAC is given by
EAC=AC+(BAC-EV////(CPI**SP1).
Determine EAC, as well as ETC and VAC.
The To-Complete-Performance Index (TCPI_BAC) indicates the efficiency that must be maintained in order to complete your
project as oriefinally planned.
TCPI_BAC =(BAC-EV)//(BAC-AC)
Determine TCPI_BAC. What are your thoughts on how to interpret the TCPI? Is having a TCPI >1 good news or bad news ?
50 days before the project deadline, you perform a final EVA of the project. The actual cost has reached 95% of the original
budget. Only 60 units remain to be delivered.
Derform an EVA of the project at this date. Determine the below parameters;
EVA of the Project at Day 200:
Assuming the CPI will remain the same for next 50 days, EAC is given by
EAC=BAC//CPI
Determine EAC, ETC and VAC.
The To-Complete-Performance index (TCP_EAC) indicates the efficiency that must be maintained in order to complete your
project as per the latest tacestimate.
TCR_EAC =(BAC-EV)//(EAC-AC)
What are your thoughts on how to interpret the sign of VAC? is positive VAC good news or bad news?
please answer this in steps asap thanks A project

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