Question: The information below show a baseline package for a project with duration on 15 weeks. Given the baseline information below, compute the PV total and

The information below show a baseline package for a project with duration on 15 weeks. Given the baseline information below, compute the PV total and the cumulative PV total

Project baseline (PV )

in ($)

Task Dur. ES LF SL Budget (PV)

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

A 2 0 2 0 400 200 200
B 6 2 8 0 2400 200 600 200 600 200 600
C 5 2 9 2 1500 200 400 500 100 300
D 4 8 12 0 1600 400 400 400 400
E 3 7 12 2 900 300 400 200
F 3 12 15 0 600 200 100 300
Period PV Total
Cumulative PV Total

A.Use the above data you computed (Q3) for the end of weeks 4 and 8 to calculate the % complete - EV only

End of period 4
Tasks Actual % complete EV(where you actually are at the current period) AC PV(budgeted amount through current period) CV SV
A Finished 300
B 50% 1000
C 33% 500
D 0% 0
E 0%
F 0%
Cumulative Totals
End of period 8
Tasks Actual % complete EV(where you actually are at the current period) AC PV(budgeted amount through current period) CV SV
A Finished 300
B Finished 2200
C Finished 1500
D 25% 300
E 33% 300
F 0% 0
Cumulative Totals

B. Assuming the AC for each task for Periods 4 & 8 are as follows (information provided below), compute the PV, CV & SV. Enter your answers in the corresponding areas below

End of period 4
Tasks Actual % complete EV(repeat your above #s here) AC PV(budgeted amount through current period) CV SV
A Finished 300
B 50% 1000
C 33% 500
D 0% 0
E 0%
Cumulative Totals
End of period 8
Tasks Actual % complete EV (repeat your above #s here) AC PV CV SV
A Finished 300
B Finished 2200
C Finished 1500
D 25% 300
E 33% 300
F 0% 0
Cumulative Totals

C. Based on your results for 3B,what information are you prepared to tell the customer about the status of the project at the end of week 4 and week 8 regarding the cost variance and the schedule variance?

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!