Question: show calculations for BAC, BCWP, BCWS and ACWP. Answer if the project is over or under budget and also if its ahead or behind schedule.
The following seven activities constitute an overall bar chart portrayal of a 6-month project. Three months after the start of construction, Activities A, C, D, half of B, and one third of F were completed, for a cost of $19,500. Evaluate the status of the project. Using earned value concepts, determine the schedule variance and the cost variance, CPI, SPI, the percentage completion, and EAC. State if the project is over or under budget and if it is ahead of or behind schedule. Show detail calculations of all earned value cost parameters. Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Activity Cost $1,000 B $12,000 $4,000 D $5,000 E $2,000 F $15,000 G $1,000 Checklist before you submit the assignment: Yes No n 1. Did you show all calculations for BAC, BCWP, BCWS, and ACWP? 2. Did you state if the project is over or under budget and if it is ahead of or behind schedule? 3. Did you use EAC equation from the handout "Earned Value: A Means for integrating costs and schedule?" The following seven activities constitute an overall bar chart portrayal of a 6-month project. Three months after the start of construction, Activities A, C, D, half of B, and one third of F were completed, for a cost of $19,500. Evaluate the status of the project. Using earned value concepts, determine the schedule variance and the cost variance, CPI, SPI, the percentage completion, and EAC. State if the project is over or under budget and if it is ahead of or behind schedule. Show detail calculations of all earned value cost parameters. Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Activity Cost $1,000 B $12,000 $4,000 D $5,000 E $2,000 F $15,000 G $1,000 Checklist before you submit the assignment: Yes No n 1. Did you show all calculations for BAC, BCWP, BCWS, and ACWP? 2. Did you state if the project is over or under budget and if it is ahead of or behind schedule? 3. Did you use EAC equation from the handout "Earned Value: A Means for integrating costs and schedule
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
