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!
- Suppose your PV for a project was $100,000 and your EV was $70,000. Your SPI for this project would be:
- 0.70
- 1.52
- 1.66
- You cannot calculate SPI with the information provided
- 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)
- $1,600
- $1,290
- $1,075
- -$1,075
| Activity | PV | Actual Cost | % Complete | EV |
| A | $500 | $400 | 100% |
|
| B | $1,000 | $750 | 50% |
|
| C | $100 | $100 | 75% |
|
| Totals | na |
| na |
|
- Using the information in Question 2, calculate the CPI for the project.
- 1.20
- 1.05
- 0.86
- 0.60
- Describe the status of this project for the resulting SPI (Question 1).
- Favorable, ahead of schedule
- Unfavorable, ahead of schedule
- Unfavorable, behind schedule
- Cannot be determined
- Describe the status of this project for the resulting CPI (Question 3).
- Favorable, cost less than budgeted
- Unfavorable, cost over budget
- Unfavorable, cost less than budgeted
- Cannot be determined
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