Describe the three variances of an earned value chart and explain their significance.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
1 Cost Variance CV The CV EV AC CV is the difference between the a...View the full answer
Answered By
Muhammad Ahtsham Shabbir
I am a professional freelance writer with more than 7 years’ experience in academic writing. I have a Bachelor`s Degree in Commerce and Master's Degree in Computer Science. I can provide my services in various subjects.
I have professional excellent skills in Microsoft ® Office packages such as Microsoft ® Word, Microsoft ® Excel, and Microsoft ® PowerPoint. Moreover, I have excellent research skills and outstanding analytical and critical thinking skills; a combination that I apply in every paper I handle.
I am conversant with the various citation styles, among them; APA, MLA, Chicago, Havard, and AMA. I also strive to deliver the best to my clients and in a timely manner.My work is always 100% original. I honestly understand the concern of plagiarism and its consequences. As such, I ensure that I check the assignment for any plagiarism before submission.
4.80+
392+ Reviews
587+ Question Solved
Related Book For
Project Management A Managerial Approach
ISBN: 978-0470226216
7th Edition
Authors: Jack R. Meredith, Samuel J. Mantel,
Question Posted:
Students also viewed these Management Leadership questions
-
Draw an earned value chart for the end of the first week (7 days) assuming the time proportionality rule for the project illustrated in the following network diagram given the following costs and...
-
Explain how the earned value chart captures all three objectives of a project: performance, cost, and schedule.
-
The earned value chart is an attempt to put the three dimensional concept of Figure into a two-dimensional format. Is it successful? What is missing?
-
Besides warehouse layout decisions, what are some other applications where ranking items according to bang/buck might make sense?
-
An investment will pay you $75,000 in nine years. If the appropriate discount rate is 6 percent compounded daily, what is the present value?
-
1. Why did IBM drop Siebel and implement SugarCRM? 2. Why do you think IBM waited several years before switching to SugarCRM? 3. How have the CRM needs of IT software companies changed over time? How...
-
Assume you prepay Hercules Workout World for a package of six physical training sessions. Which type of account should you have in your records? a. Prepaid expense b. Accrued expense c. Accrued...
-
Resolve Problem 5-29 with = 0.3. Using MAD, which smoothing constant provides a better forecast?
-
Many of you submitted data about your monthly average housing cost, distance from campus, and number of other people in the household. There were three numeric variables: rent - housing cost in...
-
The owner of a large fleet of taxis is trying to estimate his costs for next year's operations. One major cost is fuel purchases. To estimate fuel purchases, the owner needs to know the total...
-
What are the primary difficulties experienced in the design of project reports?
-
Can you identify other symptoms of computer misuse besides those in Section 10.4?
-
If your company has resources, products, or skills that are valuable, unique, or difficult to imitate globally, it has an international competitive advantage. For example Wal-Mart has developed its...
-
Within six weeks, I will improve my time-management skills by creating a daily schedule, prioritizing tasks based on importance and urgency, eliminating distractions during study time, and sticking...
-
According to Erikson's theory, what stage are you currently in? Explain some of the milestones within this stage. How does a person move successfully through each stage? According to Horney's theory,...
-
Auditor and two friends talked. "C" has been working at the Institute of Chartered Accountants for about 2 years and at an auditing company for about 2.5 years. Auditor "Z" has been working in an...
-
What are the implications for learning and development: Explain strategic learning plan alignment to organizational goals that will drive strategy. Define the scope of learning: What is covered by...
-
A heating element in an oven heats to 4,546.63 kelvin. What is the peak wavelength of light emitted by this heating element in meters? Write final answer in Scientific Notation. An object is placed 6...
-
The file RateBeerTop50 contains the percentage alcohol, alcohol by volume (abv), number of ratings (count), rank, and average score as of July 2018 for the top 50 beers of the world. Determine...
-
Find the market equilibrium point for the following demand and supply functions. Demand: 2p = - q + 56 Supply: 3p - q = 34
-
Find P 4 and use it to find S 4 for P= A A' .9 A .1 A' .6 .4 A A' and So [28]
-
Using the data on the student data set for problem 8.5, create the project schedule in MS Project. Be sure to use both the predecessor relationships and the resource assignments. Use a split screen...
-
What is the time value of money and why is it relevant to project management?
-
What three types of data does Microsoft Project use to compute each assignments cost value?
-
Explain by giving examples the causes of the differences between taxable income and accounting income ( 5 Marks ) b . Dolphin Company Limited has results of its operations for the year 2 0 1 4 as...
-
Navkar Corporation Limited showed the inventory stock on S ptember 3 0 , 2 0 1 7 , is R$ 7 5 , 0 0 0 . From September 1 5 to September 3 0 , the gross sales of the company were R$ 1 2 5 , 0 0 0 ;...
-
Discuss the process of creating a flexible budget. What are the key steps involved, and how does it differ from the process of developing a static budget?
Study smarter with the SolutionInn App