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A project has a projected timeframe of 3 months with a planned budget of $240,000 ($130,000 is month one, $60,000 in month two, and $50,000 in month three)

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Question

A project has a projected timeframe of 3 months with a planned budget of $240,000 ($130,000 is month one, $60,000 in month two, and $50,000 in month three). At the end of month one, the project has the following tasks and costs;Planned Actual;Task 1: 12,000 6,000 (task is complete);Task 2: 30,000 44,000 (task is complete);Task 3: 2,000 5,000 (task is complete);Task 4: 60,000 62,000 (task is complete);Task 5: 26,000;Total: $130,000;1) What is the budget at completion for this project? ____$154.000;2) What is the actual cost to date for this project at the end of month one? _____$43.000;3) What is the EV, CV, and SV for this project?;EV is _____$106.000____.;CV is _________.;SV is _________.;4) What is CPI and SPI for this project?;CPI is __________. Is it over or under budget?;SPI is __________. Is it over or under schedule?;5) Assume a typical variance and calculate ETC and EAC.;6) Assume an atypical variance and calculate ETC and EAC.

 

Paper#75891 | Written in 18-Jul-2015

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