Calculate the schedule variance and cost performance index

Assignment Help Operation Management

Reference no: EM13109558

A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be running very low. A major milestone has been reached where the first two activities have been totally completed and the third activity is 65% complete. The planners were only expecting to be 55% through the third activity at this time. The first activity involves prepping the site for the bridge. It was expected that this would cost $1,424,000 and it was done for only $1,304,000. The second activity was the pouring of concrete for the bridge. This was expected to cost $10,504,000 but was actually done for $9,004,000. The third and final activity is the actual construction of the bridge superstructure. This was expected to cost a total of $8,504,000. To date they have spent $5,004,000 on the superstructure.

Calculate the schedule variance, schedule performance index, and cost performance index for the project to date.

Reference no: EM13109558

Questions Cloud

Comparing means : Restaurateur Danny Valentine is evaluating two, sites, Raymondville and Rosenber, for his next restaurant. Denny suspects that Raymondville residents (population 1) dine out more often (number of times per month) than Rosenberg residents (populati..

Friendly finance prosper in a suit against suburban : A-One Landscapers Inc owes Friendly Finance Company $5,000. A-One enters into a contract with Suburban Office Park under which A-One promises to uphold the landscaping on Suburban's property.

Decide what businesses to enter and exit : Allow the company to better compete with rivals within an industry. Help them decide what businesses to enter and exit

Evaluate hypothesis statements : Evaluate and discuss the following hypothesis based on what you have learned about hypothesis statements. Should they be written differently, or are the sufficient the way they are stated?

Calculate the schedule variance and cost performance index : A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be running very low.

The only adjustable input that a janitorial service firm use : The only adjustable input that a janitorial service firm uses to clean offices is workers who are paid a wage of $8 an hour. Every worker can clean four offices in an hour

Description of hypothesis testing of proportions : A recent study conducted by the state government attempts to determine whether the voting public supports further increase in cigarette taxes.

What is the far as well as frr of the biometric system : Presume that an organization has 200 real users. When biometrics are used over a day there are 1000 total access attempts. Only 100 of the access efforts are allowed through though it turns out that only 80 of the 100 allowable through were real u..

Compute the aggregate production rate : The BackPack Company produces a line of backpacks. The manager, Jill Nicholas, has decided that the BackPack Company must have very good customer service.

User Account

All Pages