Determine the cost performance index for the project

Reference no: EM131517842

Question: The actual cost of the work performed at the end of the second week for the project in Problem is $37,900. Determine the cost performance index for the project.

Problem: A project consists of three tasks. Task A is scheduled to begin at the start of Week 1 and finish at the end of Week 3. Task B is scheduled to begin at the start of Week 1 and finish at the end of Week 2. Task C is scheduled to begin at the start of Week 2 and end at the end of Week 3. The budgeted cost for Task A is $22,000, for Task B is $17,000, and for Task C is $15,000. At the end of the second week Task A is 65% complete, Task B is 95% complete, and Task C is 60% complete. What is the schedule performance index for the project at the end of the second week?

Reference no: EM131517842

Questions Cloud

Problem regarding the risk reduction project topic : For this unit you will write a statement of the problem regarding the risk reduction project topic you chose in Unit I.

Researching references related to selected : Spend time researching 10 references related to your selected topic that you can use in your research paper.

Explain primary advantages of applying direct write-off : Based on information in the video, explain primary advantages and disadvantages of applying direct write-off over the allowance method of writing off accounts.

Discuss the schedule performance index : A project consists of six tasks. Task A is scheduled to begin at the start of Week 1 and finish at the end of Week 4.

Determine the cost performance index for the project : A project consists of three tasks. Task A is scheduled to begin at the start of Week 1 and finish at the end of Week 3.

Benefit of the analyst as the audience : Data visualization is as much a tool for the benefit of the analyst as the audience, though the visualizations would likely be tailored differently for each.

What is the schedule performance index for the project : The actual cost of the work performed at the end of the third week for the project in Problem is $16,500. Determine the cost performance index for the project.

Which accounts normally have debit balances : Which accounts normally have debit balances? The revenue recognition principle dictates that revenue should be recognized in the accounting records.

Attractiveness of and competitive pressures : Describe how Porter's Five Forces Model is used to evaluate the attractiveness of and competitive pressures in an industry. Provide an example.

User Account

All Pages