Project ahead of schedule or behind schedule

Assignment Help Project Management
Reference no: EM132009418

You are completing a software development project. This project is expected to add SIX new features to a popular software program you sell to customers. The projected cost for the project is $100,000 and the development is expected to take 5 weeks. At the end of the second week, you spent $17,500 per new software feature and you completed the development of two new features. You are about to start the development of the third new software feature. Based on this information, fill in the table below:

BAC

PV

EV

AC

CV = EV-AC

SV = EV - PV

CPI = EV/AC

SPI = EV/PV

EAC = BAC/CPI

ETC = EAC-AC

VAC = BAC-EAC

TCPI (Cost) = (BAC-EV)/(BAC-AC)

Based on the values you computed, is the project ahead of schedule or behind schedule? Will the project be completed under budget or will it exceed the budget?

Reference no: EM132009418

Questions Cloud

Detract from the contract negotiating process : How do you imagine project management might aid or detract from the contract negotiating process
How market entry affects profit level of a competitive firm : Explain how market entry affects the profit level of a competitive firm. If you had the opportunity to operate a firm with market power either in the market.
What tactics can be used in dealing with difficult people : What tactics can be used in dealing with difficult people? Share what you feel is the most successful tactic you have seen or experienced.
Do you think that net neutrality must be maintained : Do you think that Net Neutrality must be maintained to protect freedom of speech and/or preserve democracy? Why or why not
Project ahead of schedule or behind schedule : Based on the values you computed, is the project ahead of schedule or behind schedule? Will the project be completed under budget or will it exceed the budget?
What is mariam break-even price : Complete the table by calculating the total cost, the average variable cost, the average total cost and the marginal cost for each quantity of output.
Considering effect on npv of changing multiple parameters : If you analyze a project by considering the effect on NPV of changing multiple parameters, you would be employing which of the following methods?
Identify different personality types or behaviors : What evidence supports the main point? What is your opinion of the article? (Do not simply summarize the article.)
What are the main planning processes : What are the main planning processes performed as part of project schedule management? What are some of the most common outputs created, and how are they used?

Reviews

Write a Review

Project Management Questions & Answers

  Create a project schedule and align resources

Create a project schedule and align resources, Analyze project schedule and resource allocation

  Managerial roles and gap analysis

Write a report on Managerial Roles and Gap Analysis

  Questionaire on project management

Questionaire on Project Management

  Describe the market growth rate for product

Describe the market growth rate for product and service.

  Prepare a work plan and project schedule - gantt chart

Design an online system for the human resources department to manage available job positions.

  Project risk management approach

How does a project risk management approach pro-vide an early warning signal for impending problems or issues

  Black-scholes options pricing model

Calculate the payoff and the profits for investments

  Describe the features or characteristics of product

Describe the features or characteristics of your product or service.

  Write paper on inventory management system

Write paper on Inventory Management System.

  Analysis of the overall project risk

Analysis of the overall project risk

  Investment and performance analysis

Evaluate the usefulness of ROCE

  Distribution strategy and project management

Distribution strategy and project management

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd