Question: You have a project to build a new office. The office has 5 walls as shown. Each wall is to take one day to build,
You have a project to build a new office. The office has 5 walls as shown. Each wall is to take one day to build, and $5500 has been budgeted per wall. The walls were planned to be completed one after the other, but circumstances changed on the project, and work on the walls was able to proceed in parallel - more than one wall can be started at the same time.
Today is the end of Day 4.
Use the following project status chart and the earned value management technique to determine the project's schedule and cost status. Remember, Time = Money
(Calculate all in monetary values).
All Dollar values and Percentage calculations
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Formula Calculation with Numbers What Is? Interpretation of the Answer Answer BAC Planned % Complete PV Actual % Complete EV SPI 2. SV AC CPI 10 CV 11 EAC 12 ETC 13 VAC
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