Your project to deliver a product has five activities, each with a finish-to-start relationship. Project baseline information is presented below indicating the planned schedule and budgeted cost of each activity.

Baseline

Activity Name	Start (Baseline)	Finish (Baseline)	Cost (Baseline)
Product	6/2/14	5/25/15
Requirements	6/2/14	8/22/14	60,000.00
Design	8/25/14	11/14/14	90,000.00
Build	11/17/14	3/20/15	120,000.00
Test	3/23/15	5/22/15	50,000.00
Release	5/25/15	5/25/15	0.00

You have to report project status as of January 30, 2015. The associated schedule and cost information is provided below. Assume: (1) a five-day work week; and (2) a constant resource loading (i.e., the rate of planned expenditures is constant over the duration of each activity).

Actual

Activity Name	% Complete	Start (Actual)	Finish (Actual)	Cost (Actual)
Product	6/2/14	NA
Requirements	100	6/2/14	8/30/14	68,000
Design	100	8/31/14	11/20/14	85,000
Build	70	11/21/14	NA	110,000
Test	0	NA	NA	0
Release	0	NA	NA	0

Show all work. Round dollar values to the nearest dollar. Calculate all other variables to three decimal places.

1. Earned Value Measures
   1. 
      
   2. Calculate earned value measures for each activity and for the cumulative project as of January 30, 2015; fill in the table below:

Activity	Planned Value (PV)	Earned Value (EV)	Actual Cost (AC)
Requirements	68,000
Design	85,000
Build	110,000
Test	0
Release	0
Entire Project

2. 
   
3. What is the Budget at Completion (BAC) for the project?

Answer rating: 100% (QA)

Solution as follows Step 1 Total cost of the project Given Data Cost of Requirements 60000 Cost of Design 90000 Cost of Build 120000 Cost of Test 5000... View the full answer