Reference no: EM133067858
Question 1
You have a project to build a new fence. The fence is a four sided square. Each side is to take one day to build and is budgeted for $1,000 per side. The sides are planned to be completed one after the other. Today is the end of day three. Using the project status chart listed below, calculate PV, EV, AC, BAC, CV, SV, ECAC, ETAC, Cost Variance at Completion, Schedule Variance at Completion
|
Activity
|
Status at End of Day 3
|
|
Side 1
|
Complete, spent $1,000
|
|
Side 2
|
Complete, spent $1,200
|
|
Side 3
|
50% done, spent $600
|
|
Side 4
|
Not yet started
|
Question 2
The following project is at the end of its 3rd week. Using the 50/50 rule calculate PV, AC, EV, SV and CV. Assume all tasks were planned to start as soon as possible and the the "% Complete" values for EV are from the workers actually doing the tasks.
|
Task
|
Predecessor
|
Budget
|
Duration (Weeks)
|
Actual Cost
|
Task Started
|
Task Finished
|
|
A
|
-
|
$4,000
|
2
|
$4,000
|
Yes
|
Yes
|
|
B
|
A
|
$8,000
|
4
|
$8,000
|
Yes
|
No
|
|
C
|
A
|
$15,000
|
3
|
$15,000
|
Yes
|
No
|
|
D
|
C
|
$10,000
|
2
|
$0
|
No
|
No
|
|
E
|
B, D
|
$12,000
|
5
|
$0
|
No
|
No
|
Question 3
Is the following project ahead of schedule, on schedule or behind schedule at day 25?
Is the following project over budget, at budget or under budget at day 25?