Question: SUBJECT : PROJECT MGT Gladiator Enterprises utilizes a 10% contingency reserve and a 2% management reserve for all its projects. The planned value (PV) during
SUBJECT : PROJECT MGT
Gladiator Enterprises utilizes a 10% contingency reserve and a 2% management reserve for all its projects. The planned value (PV) during the first month of implementation of this project, is $13,000, the budget at completion (BAC) is $30,000 and 40% of the work planned to date was accomplished at an actual cost of $15,500.
Its solar-powered charger projects budget information is shown in the table below:
| Activities | Cost/US $ |
| Concept | 8,000 |
| Design | 5,523 |
| Implementation | 8,550 |
| Test | 1,600 |
| Hand-over | 3,600 |
- Calculate the projects Schedule Variance.
- Calculate the projects Schedule Performance Index.
- Calculate the projects Cost Performance Index.
- Calculate the projects Estimate at Completion.
- Based on your calculations describe the overall performance on the project to date.
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