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TORRENS

UNIVgRSin

AUSTRALIA

Classroom Activity: Earned Value Analysis

Exercise:

Your project is required to install lighting fixtures in a $200$ room hotel. You have to install $5$ lighting fixtures each room. Your project's approved budget is $$500,000$ and the approved schedule is $14$ weeks. After weeks. you have $110$ of the rooms completed and you have spent $$250,000.$ Determine the following values?

Budget At Completion

$($In group $3-5$ students, Activity time: $10$ minutes

Planned Value

Earned Value

Actual Cost

Cost Variance

Schedule Variance

Cost Performance Index

Schedule Performance Index

Estimate At Completion assuming future performance will be the same as past performance

$10.$Estimate To Complete assuming future performance will be the same as past performance

Variance At Completion