Explain what are the schedule and cost variances, Operation Management

I need to find the schedule and cost variances for a project

Actual cost at month 16 = $540,000
Scheduled cost = $523,000
Earned value = $535,000

Provided this information, what are the schedule and cost variances for this proj. What do these results mean?

Related Discussions:- Explain what are the schedule and cost variances

What percent compounded annually, How much should be deposited now at 8% co...

How much should be deposited now at 8% compounded semi-annually to make a possible equal withdrawal of $5,000 at the end of each year for 5 years, the first withdrawal to be made 1

Explain how much of an impact does maturity, 1. How much of an impact does ...

1. How much of an impact does "maturity" level of the industry or company have on strategy? 2. Can you be innovative in a mature industry? 3. Can you be conservative in an in

Explain tool like this one help identify the target market, Complete the fo...

Complete the following steps for this assignment: 1. Select the following link to visit a Web site that is an online demographic tool used to help establish demographics about c

Depict a decision tree for problem, A manager is trying to decide whether t...

A manager is trying to decide whether to build a small medium, or large facility. Demand can be low, average, or high, with the estimated probabilities being 0.25, 0.40, and 0.35,

Explain organizational strategic planning, Human resource practice competen...

Human resource practice competencies are a core set of competencies that: Answer A)relate to human capital development B) include knowledge and skills that make a company profitabl

Explain how can data mining be used to accomplish objective, Your company w...

Your company wants to increase revenues from its existing customers. How can data mining be used to accomplish his objective?

How did the corporation performs in the return on investment, How did the c...

How did the corporation perform the past year overall in terms of return on investment, market share, and profitability?

Challenges for operations managers - operation strategy, Challenges for Ope...

Challenges for Operations Managers - Operation Strategy Most products have several competitors today - from cars to university degrees. Current market forces appears to sugge

What are some instances that would explain strategic groups, What are some ...

What are some examples that would explain strategic groups?

Explain leadership styles associated with path-goal theory, Identify four l...

Identify four leadership styles associated with path-goal theory. Explain each style and relate it to styles described in other theories. Can leaders exhibit more than one style?

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages