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

  1. Calculate the projects Schedule Variance.
  2. Calculate the projects Schedule Performance Index.
  3. Calculate the projects Cost Performance Index.
  4. Calculate the projects Estimate at Completion.
  5. Based on your calculations describe the overall performance on the project to date.

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!