Question: Problem 1 Week AC PV EV CV SV SPI 2 $72,000 A project manager is analyzing progress on a project to make a 10-minute documentary.

Problem 1 Week AC PV EV CV SV SPI 2 $72,000 A

Problem 1 Week AC PV EV CV SV SPI 2 $72,000 A project manager is analyzing progress on a project to make a 10-minute documentary. It's the end of week two on this three week project. The actual cost is $72,000. They have 7 minutes of usable film. The budgeted total cost is $100,000. Determine PV, EV, CV, CPI, SV, and SPI. a. First, map each description to an EVA category. Then, fill in the table. b. What do the SP and CPI values mean in this example? Explain in "plain English." c. Could a project or task be where we expect in terms of cost, but behind on schedule? (Hint: see formulas)

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!