i need help in Project Scheduling. i want to know is this answer correct or not.
ID: 444191 • Letter: I
Question
i need help in Project Scheduling. i want to know is this answer correct or not. And what is the correct answer.
The following seven activities constitute an overall bar chart portrayal of a 4-month project. Two months after the start of construction, Activities A, C, D, half of E, and one-fourth of B were completed, for a cost of S10,500. Evaluate the status of the project. Using earned value concepts, determine the schedule variance and the cost variance, the percentage completion, and EAC. State if the project is over or under budget and if it is ahead of or behind schedule. Show detail calculations of all earn value cost parameters. Activity Cost Month 1 Month 2 Month 3 Month 4 $2,000 $2,000 $5,000 $1,000 $15 $1,000 BAC 2000+8000+2000+5000+1000+15000+1000 $34000 BCWS 2000+4000+2000- $8000 BCWP 2000+2000+2000+5000+500-$11500 ACWP=$10500 SPI= (BCWP/BwCS)-(1 150°/8000)-1.4 Ahead of time. CP (BCWB/ACWB)-(1150 o/10500)= 1.1 under budget. CV-BCWP- ACWP- 11500 10500 1000 SV-(BCWP-BCWS)- 11,500-8,000 $3,500 PCs (BCWP/BAC):(11 500/34,000)=0.34 * 100= 34% EAC-ACWP+ (BAC- BCWP)- 10500 (34000 11500) -$33,o00Explanation / Answer
The answers seems correct to me.
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