Question: Using Earned Value Analysis and the information in the Table of Dependencies and Field Report provided below: 1.1 Calculate the following project control metrics: 1.1.1.
Using Earned Value Analysis and the information in the Table of Dependencies and Field Report provided below:
1.1 Calculate the following project control metrics:
1.1.1. ACWP- Actual Cost of Work Performed (TWO marks)
1.1.2. BCWP- Budgeted Cost of Work Performed (TWO marks)
1.1.3. BCWS Budgeted Cost of Work Scheduled (TWO marks)
1.1.4. CPI Cost Performance Index (TWO marks)
1.1.5. CV- Cost Variance (TWO marks)
1.1.6. SPI Schedule Performance Index (TWO marks)
1.1.7. SV- Schedule Variance (TWO marks)
1.2 Is the project within budget and within schedule? Briefly explain why? (THREE marks)
1.3 If the project is not within budget and or within schedule, identify one measure you will recommend to get the project under control and
briefly explain why?
| Activity | Predecessor | Duration (days) | Cost/Day | Total Cost $ |
| A | none | 3 | 400 | 1200 |
| B | A | 4 | 500 | 2000 |
| C | B | 4 | 500 | 2000 |
| D | B | 3 | 300 | 900 |
| E | D | 4 | 200 | 800 |
Field Report at end of day 10:
| Activity | Actual % Complete | Incurred Cost |
| A | 100 | 1200 |
| B | 100 | 2000 |
| C | 50 | 1200 |
| D | 33 | 400 |
| E | 0 | 0 |
Formulas:
CPI = BCWP/ACWP
CV = BCWP-ACWP
SPI = BCWP/BCWS
SV= BCWP-BCWS
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