Question: Please help with the questions below. Each question correlates with one another. Thank you! Suppose your PV for a project was $100,000 and your EV

Please help with the questions below. Each question correlates with one another. Thank you!

  1. Suppose your PV for a project was $100,000 and your EV was $70,000. Your SPI for this project would be:
    1. 0.70
    2. 1.52
    3. 1.66
    4. You cannot calculate SPI with the information provided

  1. Activity A is worth $500, is complete and actually cost $400. Activity B is worth $1,000, is 50% complete and has actually cost $750 so far. Activity C is worth $100, is 75% complete, and has actually cost $100 so far. What is the total earned value for the project? (Hint: EV = PV x % Complete)
    1. $1,600
    2. $1,290
    3. $1,075
    4. -$1,075

Activity

PV

Actual Cost

% Complete

EV

A

$500

$400

100%

B

$1,000

$750

50%

C

$100

$100

75%

Totals

na

na

  1. Using the information in Question 2, calculate the CPI for the project.
    1. 1.20
    2. 1.05
    3. 0.86
    4. 0.60

  1. Describe the status of this project for the resulting SPI (Question 1).
    1. Favorable, ahead of schedule
    2. Unfavorable, ahead of schedule
    3. Unfavorable, behind schedule
    4. Cannot be determined

  1. Describe the status of this project for the resulting CPI (Question 3).
    1. Favorable, cost less than budgeted
    2. Unfavorable, cost over budget
    3. Unfavorable, cost less than budgeted
    4. Cannot be determined

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