Question: The project manager is reviewing the current earned value report, which shows the following: Schedule Performance Index (SPI) = 1.2 Cost Performance Index (CPI) =

The project manager is reviewing the current earned value report, which shows the following: Schedule Performance Index (SPI) = 1.2 Cost Performance Index (CPI) = 1.6 Planned Value (PV) = $200,000 Schedule Variance (SV) = $40,000 What is the project's Cost Variance (CV)? a. $160,000 b. $125,000 c. $90,000 d. $96,000

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!

Q:

Problem 2 (5 points) Youve been asked to calculate the EVM metrics for a project. It is currently day 20, and the following table summarizes the current status: Activity Total Planned Value Duration...

Q:

Required: Given the current status of the project, calculate the earned value of the project. Calculate the schedule performance index (SPI) of the project and explain what it tells about the current...

Q:

You are managing a unit that is responsible for robotic development project during execution phase. While reviewing the project status after 6 months, you have recognized that project is behind...

Q:

Required: Given the current status of the project, calculate the earned value of the project. Calculate the schedule performance index (SPI) of the project and explain what it tells about the current...

Q:

Table 3 shows the project costs (in thousand dollars) and other details for the project. Required: Given the current status of the project, calculate the earned value of the project. Calculate the...

Q:

Using schedule performance index (SPI) and cost performance index (CPI), is the project ahead or behind budget and schedule? EARNED VALUE ANALYSIS DATA End of Week 30 Task Description Estimated...

Q:

4. The following tables show Total Budgeted Costs or Planned Value (Table 1). Earned Values (Table 2), and Actual Costs (Table 3) for a workpackage consists of six tasks. The planned duration of this...

Q:

4. The following tables show Total Budgeted Costs or Planned Value (Table 1). Earned Values (Table 2), and Actual Costs (Table 3) for a workpackage consists of six tasks. The planned duration of this...

Q:

4. The following tables show Total Budgeted Costs or Planned Value (Table 1). Earned Values (Table 2), and Actual Costs (Table 3) for a workpackage consists of six tasks. The planned duration of this...

Q:

select all that apply Planned value (PV) is $111 Estimated time to completion is not unfavorable Estimated cost to completion ( $000 omitted) is far more than $235 Estimated time to completion is...

Q:

Can you make any intelligent guesses about why KELLOGG suddenly increased their marketing expenditure?

Q:

Companion Computer Company has been purchasing carrying cases for its portable computers at a delivered cost of $68 per unit. The company, which is currently operating below full capacity, charges...

Q:

15-7 Etchey Company identifies that 46% of its assets are financed by creditors. Which of the following reveals this result? a. Current ratio b. Times-interest-earned ratio c. Debt ratio d. Inventory...

Q:

Marie is looking at three job cost sheets: 1 7 8 , 1 7 9 , and 1 8 0 . Sheet 1 7 8 has direct material costs of $ 2 , 5 0 0 , 1 7 9 has direct labor costs of $ 5 , 6 9 0 , and 1 8 0 has direct...