90% 20% 0% $1,500 $1,500 $1,000 $4,000 $5,000 $3,000 $0 able 12.3: Data Required

Question

90% 20% 0% $1,500 $1,500 $1,000 $4,000 $5,000 $3,000 $0 able 12.3: Data Required for EVA Calculations of the Network Exhibited in Figure 12.8 above. rom Table 12.3 above, it should be clear the budget for A is 8*1,000 or $8,000. The project is 12 days ld (12 business days have transpired), where the units on time are days. Clearly, the BCWS for A is 08,000; the BCWP is also $8,000 because it is 100% complete. The BCWS for C, howeyer, is $4,000. while the BCWS for F is 0 TOTAL ACWP BCWS BCWP TASK BUDGET %COMP (AC) (PV) (EV CV SV SPI CPI 1.00 0.80 B | $10,800 | 100% $9,000 | $10,800 | $10,800 | $1,800 | so | 1.00 | 1.20 $7,000 | 80% $4,000 $4,000 $5,600| $1,600 ! $1,600 | 140| 1.40 $9,000 | 90%| $5,000 $4,500 $8,100 $3,100 | $3,600 | 1.80| 1.62 E | $13,500| 20%| $3,000 $4,500| $2.700| 5300|-$1,800| 060| 0.90 A | $8,000 | 100% | $10,000 $8,000| $8,000!-$2,000| $0| 1 $5,000| 0%| $0 $0 $0 $0 0.00 0.00 $31,000 1$31,800 $35.2001 .$4,200 | : $3,400 1.11.1.14 ] Totals $63,300 Table 12.4: Basic EVA Calculations for Network Exhibited in Figure 12.8 (inputs are shown in bold) In this problem, the BAC= $53300, while the TAC-23 the length of the crit al path From these numbers, EAC = BAC/CPI= $53,300/1.14 = $46,754, while the ETAC = TACSPI-23/1.11- 20.72. This project appears to be both under budget and ahead of schedule. Let us look next at the concepts of planned value rate (PV Rate) and time variance (TV) in the

Explanation / Answer

PV or also known as the Budgeted cost of work scheduled is calculated by finding percentage the work completed to date. Hence, according to PV/BCWS, the cost taken up till date to complete that percentage of work will be the same percentage of the total budgeted cost.

If an activity if completed 100% and the total budget is $100 then the BCWS will be $100 for that activity. similarly, if the same activity was completed only 30% then the BCWS will be $30.

PS: the entire question is not visible which makes calculation of PV for the given question difficult.

Related Questions

Navigate

• Browse (All)
• Browse 9
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.