Question 7 - Earned Value (EV) =$10,000 - Planned Value (PV)=$8000 - Actual Cost (AC)=$3,000 What is the schedule variance? $2,000 $2,000$5,000 $5,000 - Budget AT Completion (BAC)=$500 - Estimate to Completion (ETC) =$400 - Earned Value (EV)=$100 - Actual Cost(AC)=$100 What is the Estimate At completion (EAC)? $0 $150 $300 $500 You are the project manager on a project that has $800,000 software development effort. There are two teams of programmers that will work for six month for a total of 10,000 hours. According to the project schedule your team should be done with 38% of the work. As of today, the project is 40% complete while 50% budget has been used. What is the Actual Cost? $800,000 $400,000$300,000 $140,000 You are the project manager on a project that has $800,000 software development effort. There are two teams of programmers that will work for six month for a total of 10,000 hours. According to the project schedule your team should be done with 38% of the work. As of today, the project is 40% complete while 50% budget has been used. What is the Planned Value (PV)? $108,000 (B) 5404,000 $304,000 $800,000 You are the project manager on a project that has $800,000 software development effort. There are two teams of programmers that will work for six month for a total of 10,000 hours. According to the project schedule your team should be done with 38% of the work. As of today, the project is 40% complete while 50% budget has been used. What is the Earned Value (EV)? 5400,000 $430,000$304,000 $320,000 You are the project manager on a project that has $800,000 software development effort. There are two teams of programmers that will work for six month for a total of 10,000 hours. According to the project schedule your team should be done with 38% of the work. As of today, the project is 40% complete while 50% budget has been used. What is the Cost Variance (CV)? $80,000 $80,000$800,000 $16,000 You are the project manager on a project that has $800,000 software development effort. There are two teams of programmers that will work for six month for a total of 10,000 hours. According to the project schedule your team should be done with 38% of the work. As of today, the project is 40% complete while 50% budget has been used. What is the Schedule Variance (CV)? 1.05 16,000 16,000 0.8 You are the project manager on a project that has $800,000 software development effort. There are two teams of programmers that will work for six month for a total of 10,000 hours. According to the project schedule your team should be done with 38% of the work. As of today, the project is 40% complete while 50% budget has been used. What is the cost Performance Index (CPI)? 0.5 0.8 1 1.7 If the project has a CPI of 0.95, and SPI of 1.01, this indicates: Project is progressing slower and costing more than planned Project is progressing slower and costing less than planned Project is progressing faster and costing more than planned Project is progressing faster and costing less than planned Question 7 - Earned Value (EV) =$10,000 - Planned Value (PV)=$8000 - Actual Cost (AC)=$3,000 What is the schedule variance? $2,000 $2,000$5,000 $5,000 - Budget AT Completion (BAC)=$500 - Estimate to Completion (ETC) =$400 - Earned Value (EV)=$100 - Actual Cost(AC)=$100 What is the Estimate At completion (EAC)? $0 $150 $300 $500 You are the project manager on a project that has $800,000 software development effort. There are two teams of programmers that will work for six month for a total of 10,000 hours. According to the project schedule your team should be done with 38% of the work. As of today, the project is 40% complete while 50% budget has been used. What is the Actual Cost? $800,000 $400,000$300,000 $140,000 You are the project manager on a project that has $800,000 software development effort. There are two teams of programmers that will work for six month for a total of 10,000 hours. According to the project schedule your team should be done with 38% of the work. As of today, the project is 40% complete while 50% budget has been used. What is the Planned Value (PV)? $108,000 (B) 5404,000 $304,000 $800,000 You are the project manager on a project that has $800,000 software development effort. There are two teams of programmers that will work for six month for a total of 10,000 hours. According to the project schedule your team should be done with 38% of the work. As of today, the project is 40% complete while 50% budget has been used. What is the Earned Value (EV)? 5400,000 $430,000$304,000 $320,000 You are the project manager on a project that has $800,000 software development effort. There are two teams of programmers that will work for six month for a total of 10,000 hours. According to the project schedule your team should be done with 38% of the work. As of today, the project is 40% complete while 50% budget has been used. What is the Cost Variance (CV)? $80,000 $80,000$800,000 $16,000 You are the project manager on a project that has $800,000 software development effort. There are two teams of programmers that will work for six month for a total of 10,000 hours. According to the project schedule your team should be done with 38% of the work. As of today, the project is 40% complete while 50% budget has been used. What is the Schedule Variance (CV)? 1.05 16,000 16,000 0.8 You are the project manager on a project that has $800,000 software development effort. There are two teams of programmers that will work for six month for a total of 10,000 hours. According to the project schedule your team should be done with 38% of the work. As of today, the project is 40% complete while 50% budget has been used. What is the cost Performance Index (CPI)? 0.5 0.8 1 1.7 If the project has a CPI of 0.95, and SPI of 1.01, this indicates: Project is progressing slower and costing more than planned Project is progressing slower and costing less than planned Project is progressing faster and costing more than planned Project is progressing faster and costing less than planned