The budgeted cost to complete a particular project is $250,000. To date, the budgeted cost of...

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The budgeted cost to complete a particular project is $250,000. To date, the budgeted cost of work scheduled (Planned Value) is $45,000, and the following work packages of the project have been completed or are in process: Work Work Pkg. Reported % Pkg. Budget Complete A B C $15,000 100 11,000 100 14,000 20,000 Total $60,000 50 10 Actual Costs to Date $19,000 ? 14,000 7,000 Planned Earned Value Value 2,000 3 ? ? $15,000 11,000 7,000 2,000 $42,000 $45,000 $35,000 Now that tasks A and B are 100% complete, and assuming that the work package achieved the technical/performance targets for these two work packages, how is the project doing? Total $60,000 $42,000 $45,000 $35,000 Now that tasks A and B are 100% complete, and assuming that the work package achieved the technical/performance targets for these two work packages, how is the project doing? 1. What is the schedule variance? What does this result mean? 2. What is the cost variance? What does this result mean? Take the data from above and assume that the original schedule called for the project to be completed within seven months and that the performance for the remainder of the project is similar to the performance to date. 3. What is the estimated total cost at completion (i.e., new budget)? 4. What is the estimated completion date (i.e., new duration)? Upload Choose a File The budgeted cost to complete a particular project is $250,000. To date, the budgeted cost of work scheduled (Planned Value) is $45,000, and the following work packages of the project have been completed or are in process: Work Work Pkg. Reported % Pkg. Budget Complete A B C $15,000 100 11,000 100 14,000 20,000 Total $60,000 50 10 Actual Costs to Date $19,000 ? 14,000 7,000 Planned Earned Value Value 2,000 3 ? ? $15,000 11,000 7,000 2,000 $42,000 $45,000 $35,000 Now that tasks A and B are 100% complete, and assuming that the work package achieved the technical/performance targets for these two work packages, how is the project doing? Total $60,000 $42,000 $45,000 $35,000 Now that tasks A and B are 100% complete, and assuming that the work package achieved the technical/performance targets for these two work packages, how is the project doing? 1. What is the schedule variance? What does this result mean? 2. What is the cost variance? What does this result mean? Take the data from above and assume that the original schedule called for the project to be completed within seven months and that the performance for the remainder of the project is similar to the performance to date. 3. What is the estimated total cost at completion (i.e., new budget)? 4. What is the estimated completion date (i.e., new duration)? Upload Choose a File

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Lets calculate the projects performance based on the provided data and assumptions Given Data Budgeted cost to complete the project BAC 250000 Budgete... View the full answer