Question: points Time Remaining 4 hours 3 9 minutes 5 5 seconds 0 4 : 3 9 : 5 5 eBook Print References Check my workCheck

points
Time Remaining 4 hours 39 minutes 55 seconds
04:39:55
eBook
Print
References
Check my workCheck My Work button is now enabled1
Item 11
Time Remaining 4 hours 39 minutes 55 seconds
04:39:55
Problem 4-5(Algo)
Your project to obtain charitable donations is now 34 days into a planned 44-day project. The project is divided into 3 activities. The first activity is designed to solicit individual donations. It is scheduled to run the first 28 days of the project and to bring in $25,500. Even though we are 34 days into the project, we still see that we have only 92% of this activity complete. The second activity relates to company donations and is scheduled to run for 34 days starting on day 6 and extending through day 40. We estimate that, even though we should have (2834)82.35% of this activity complete, it is actually only 55% complete. This part of the project was scheduled to bring in $150,500 in donations. The final activity is for matching funds. This activity is scheduled to run the last 10 days of the project and has not started. It is scheduled to bring in an additional $51,000. So far, $175,500 has actually been brought in on the project.
Calculate the Schedule Variance, Schedule Performance Index, and Cost (actually value in this case) Performance Index. (Hint: Note that this problem is different since revenue rather than cost is the relevant measure. Use care in how the measures are interpreted.)
Note: Negative values should be indicated by a minus sign. Do not round your intermediate calculations or "variance" values. Round your "performance index" values to 3 decimal places.

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!