Question: Q2. Earned Value You're a subcontractor responsible for managing the installation of 10,000 feet of fence around an elementary school. You estimate the cost of

Q2. Earned Value You're a subcontractor

Q2. Earned Value You're a subcontractor responsible for managing the installation of 10,000 feet of fence around an elementary school. You estimate the cost of fence installation to be $10 per foot. You estimate that your crew can install 500 feet of fence per week. After 12 weeks, you have 50% of the job complete and you have spent $45,000. Determine the value for each of the terms below: Marks 10 Value WN 1 2 3 4 5 Term Budget at Completion (BAC) Planned Value (PV) Earned value (EV) Actual Cost (AC) Cost Variance (CV) Schedule Variance (SV) Cost Performance Index(CPI) Schedule Performance Index (SPI) Estimate at Completion Estimate to Complete 000 6 7 8 9 10

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!