What are the cost and schedule variances for the project

Assignment Help Project Management

Reference no: EM133349838

Question: a. Assume you are the project manager for the Tidal 2 software project. You have been asked to calculate the expected cost for the project. Your company's database indicates that developers can handle eight function points each person-month and that the cost per developer at your firm is $8,200 per month. You and your team of five developers have come up with the following requirements: (Round your "Estimated duration" answer to 2 decimal places.)

Elements	Count	Complexity
Inputs	26	Low
Outputs	20	Low
Inquiries	20	High
Files	44	Medium
Interfaces	34	High

Calculate the total number of function points, and the estimated cost, and duration of the Tidal project.

Question: b. A project in its 26th week has an actual cost of $270,000. It was scheduled to have spent $261,000. For the work performed to date, the budgeted value is $272,000. What are the cost and schedule variances for the project? What are the SPI and CPI?

Reference no: EM133349838

Questions Cloud

Summarize the article - understanding gun violence : Understanding Gun Violence - Factors Associated With Beliefs Regarding Guns, Gun Policies, and Gun Violence by Rachel Wamser-Nanney

Explain how you support diagnosis : Explain how you support the diagnosis by specifically identifying the criteria from the case study. Identify the differential diagnosis you considered.

Write a linkedin summary for this career path : Identify one career path and one organization that you would like to pursue (the most) after graduation. Look for the job postings of this organization

Difference between evaluation and intervention research : Identify one key difference between evaluation research and intervention research. Then, give an example that illustrates the difference.

What are the cost and schedule variances for the project : Assume you are the project manager for the Tidal 2 software project. You have been asked to calculate the expected cost for the project. Your company's database

Provide an analysis model : Provide an analysis model - Where necessary, the diagram should be amplified with some words of explanation, particularly relating to constraints

Describe time when you felt your work : Describe a time when you felt your work was in vain or going unnoticed? How did it feel when you were in the midst of carrying this burden?

How universities can utilize social data as part : Explain with two examples how Universities can utilize Social Data as part of its Digital Innovation strategy. Explain with an example three key risks

Programmatic course themes is self-care : Describe why your goal profession or current profession is meaningful to you. One of your programmatic course themes is self-care.

User Account

All Pages