Find the schedule and cost variances

Assignment Help Operation Management

Reference no: EM13100286

Problem 1. Find the schedule and cost variances for a project that has an actual cost at month 22 of $540,000, a scheduled cost of $523,000, and an earned value of $535,000. What is your overall interpretation of this result?
Problem 2. A sales project at month 5 had an actual cost of $34,000, a planned cost of $42,000, and a value completed of $39,000. Find the cost and schedule variances, the CPI, and the SPI. What is your overall interpretation of this result?
Problem 3. A software development project at day 70 exhibits an actual cost of $78,000 and a scheduled cost of $84,000. The foreman estimates a value completed of $81,000. What are the cost and schedule variances and the CSI? Estimate the time variance. What is your overall interpretation of this result?

Reference no: EM13100286

Questions Cloud

Type one and type two error-avoiding one type or another : Can you think of a policy; political, economic, social, or otherwise, that pushes people toward avoiding one type or another?

Calculate the critical ratios : Calculate the critical ratios for the following activities and indicate which activities are probably on target and which need to be investigated.

Probabilities in a powerball lottery game : Powerball is a lottery game. It involves choosing five white balls from a drum containing 55 balls and one red ball from a drum containing 42 balls. A player must match all five white balls and the red ball to win the jackpot.

Explain the theory of operant conditioning : Write down 700- to 1,050-word paper in which you analyze theory of operant conditioning. In your examination, address the following items: Explain the theory of operant conditioning.

Find the schedule and cost variances : Find the schedule and cost variances for a project that has an actual cost at month 22 of $540,000, a scheduled cost of $523,000, and an earned value of $535,000.

Statewide incidence of gonorrhea : The statewide incidence of gonorrhea is 50 per 100,000 over a 3 month period. Is the number of gonorrhea cases in this county unusual for this time period?

Probability concepts in business decisions : In what situations might you use probability as a manager to approach business-related problems? What are the advantages to using probability concepts in business decisions?

Determine the critical path : Schedule the following activities using CPM determine the critical path.

What are the contransduction frequencies : A three-factor cross in Salmonella typhimurium was performed using bacteriophage P22. The cross was between an arg-leu-his- recipient bacterium and bacteriophage P22.

User Account

All Pages