Explain what are the schedule and cost variances, Operation Management

Assignment Help:

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

Explain about the organization and its resources, 1. How to characterize yo...

1. How to characterize your supervisor's approach to management? For example, which particular management tasks and roles does this person perform most often? What kinds of managem

Explain introduction to optimum design, Why are there no solutions for Intr...

Why are there no solutions for Introduction to Optimum Design textbooks?

How several more hours of overtime would each worker, Games4U makes video g...

Games4U makes video games on CDs at its Old Town plant. The plant produces 800 games each day, and employs 100 workers that work 8 hours each day. They use the following resources

Explain what is the tax on salvage value, Mars Inc. is considering the purc...

Mars Inc. is considering the purchase of a new machine that will reduce manufacturing costs by $5,000 annually. Mars will use the MACRS accelerated method to depreciate the machine

Explain internet for marketing communications, How you Google's do expected...

How you Google's do expected dominance of the online display advertising market will affect marketers who already use the Internet for marketing communications? Will its push into

Explain primary responsibility for productivity, Productivity should be a c...

Productivity should be a concern of every business organization. a. How is productivity defined? b. How are productivity measures used? c. What part of the organization has primary

Stakeholder analysis in an organisation, Question 1: Emmott (1997) repo...

Question 1: Emmott (1997) reports that "by the 1990's the whole issue of employment relationships became much more subtle". The concentration now is on the relationship between

Describe potential key changes in technology, Discuss potential key changes...

Discuss potential key changes in technology, communications, and competition that Sigma will face in the future. Which will have the most impact on Sigma future marketing strategie

Write Your Message!

Captcha
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