Explain the schedule performance index

Assignment Help Applied Statistics

Reference no: EM131740588

Instructions:

• This Assignment must be submitted on Blackboard via the allocated folder.

• Email submission will not be accepted.

• You are advised to make your work clear and well-presented, marks may be reduced for poor presentation.

• You MUST show all your work.

• Late submission will result in ZERO marks being awarded.

• Identical copy from students or other resources will result in ZERO marks for all involved students.

• This is an individual assignment.

Question One

Assume you have completed three months of the project FG. The Budget at Completion (BAC) was 200,000 for this six-month project. Also assume the following:

• Planned Value (PV) = $ 120,000

• Earned Value (EV) = $ 60,000

• Actual Cost (AC) = $ 90,000

1. Calculate the following:

Cost Variance (CV) =?

Schedule Variance (SV) =?

Cost Performance Index (CPI) =?

Schedule Performance Index (SPI) =?

Estimated time to complete =?

2. Explain the meaning of the obtained results for all CV, SV, CPI, and SPI formulas in the above questions?

(Hint: CPI value is =1, means the cost of the project is on budget)

Question Two

Consider the following Network Diagram:

Calculate the ES,EF,LS,LF and Slack time for each node:

Activity	Precedent	Duration	ES	EF	LS	LF	Slack
A	-	2
B	A	5
C	A	7
D	B	3
E	C, D	5
F	C, D	8
G	F, E	3

Reference no: EM131740588

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