Question: The table below depicts a 6-month schedule for a project. After three months on the job (July 1), the contractor concluded that activities A, B,

The table below depicts a 6-month schedule for a project. After three months on the job (July 1), the contractor concluded that activities A, B, and D were completed, 20 percent of Activity F was completed, 80 percent of Activity C was completed, and 40 percent of Activity E was completed. The project has cost the contractor a total of $535. For this project, using earned value concepts, determine the schedule variance and the cost variance. State if the project is over or under budget and if it is abead of or behind schedule.

Activity Cost April May June July Auguest Sept A S50 B $120 $80 D S200 E S120 F $300 560 $70 j $50 K S60

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!

The table below depicts a 6-month schedule for a project. After three months on the job (July 1), the contractor provided that activities A, B, and D were completed, 20 percent of activity F was...

7 7 Car AY The table below depicts a 6-month schedule for a project. After three months on the job (July 1), the contractor provided that activities A, B, and D were completed, 20 percent of activity...

construction project management and planninng 7. The following depicts a 6-month schedule for a project. After 3 months on the job (July 1 ), the contractor concluded that 20 percent of Activity F...

Activity Cosi April May June July August Sept Olol E F G $ 50 $120 $ 80 $200 $120 $300 $ 60 $ 70 $ 50 S60 H J K The following depicts a one-year schedule for a project. DAfter three months on the job...

Please show all work and explain steps. The following depicts a one-year schedule for a project. After three months on the job (July 1), the contractor concluded that 20% of Activity F (Activities A,...

The following depicts a six-month schedule for a project. After 3.5 months on the job, the contractor concluded that 100% of Activities A, B, \& D are completed and 35% of Activity C was completed,...

3. The bar chart below depicts a 6-month schedule for a project. After three months on the job, three activities (e.g., Sitework, Fencing, and Excavation) are completed, while there are ongoing activi

2) The following depicts a one-year schedule for a project. After 6 months on the job (July 1), the contractor concluded that 20% of Activity F (Activities A, B, and D are completed) was completed,...

please answer it fully! The following depiots a one-year schedule for a project. After 5.5 months on the job, the contractor concluded that 100% of Activities A, B, \& D, 30% of Activity F, 60% of...

For the project schedule below Activity Cost Month Month Month Month Month Month 1 2 3 4 5 6 A $500 B $1200 C $800 D $2000 E $1200 F $3000 G $600 H $700 I $500 J $600 After three months on the job,...

At LA Porsche, customers receive a phone survey asking them to rate their satisfaction after every car service. How is this measure likely to affect the financial welfare of Hulmut Schmidt, manager...

A uniformly illuminated aperture is of length lx = 20 Determine the beam width between first nulls in the xz plane.

When a firm is deciding to publicly offer issues of debt or equity, they must register these securbes with the: Multiple Chotce New Hork Board of Governori. Securlies and Exchange Commission. Nrse...

Read the articles on journaling and review the template provided. Identify what approach, to journaling, in the articles you found useful and why. Post to the discussion forum that you have reviewed...