64 A city is adding a new community park on a piece of donated land. The...
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64 A city is adding a new community park on a piece of donated land. The project's baseline schedule and budget calendar is shown below. Week 3 of the project has just ended, and the project manager (PM) wants to perform an earned value management (EVM) analysis. Park Project 1.1 Site preparation 2.1 Pour sidewalks and curbs 2.2 Build rock walls 2.3 Build duck pond 2.4 Build and anchor playground 3.1 Plant vegetation Week Week Week Week Week Week 1 2 3 4 5 27,500 12,500 16,500 3.2 Install signs, mulch, and trim Total 6 Total 40,000 16,500 8,000 30,000 8,000 23,000 5,000 2,000 2,500 1,000 3,500 8,000 8,500 23,500 40,000 12,000 12,000 27,500 29,000 31,000 15,500 11,500 35,500 150,000 What is the planned value of the project at the end of week 4 based on the data from this table? 64 A city is adding a new community park on a piece of donated land. The project's baseline schedule and budget calendar is shown below. Week 3 of the project has just ended, and the project manager (PM) wants to perform an earned value management (EVM) analysis. Park Project 1.1 Site preparation 2.1 Pour sidewalks and curbs 2.2 Build rock walls 2.3 Build duck pond 2.4 Build and anchor playground 3.1 Plant vegetation Week Week Week Week Week Week 1 2 3 4 5 27,500 12,500 16,500 3.2 Install signs, mulch, and trim Total 6 Total 40,000 16,500 8,000 30,000 8,000 23,000 5,000 2,000 2,500 1,000 3,500 8,000 8,500 23,500 40,000 12,000 12,000 27,500 29,000 31,000 15,500 11,500 35,500 150,000 What is the planned value of the project at the end of week 4 based on the data from this table?
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To calculate the planned value PV at the end of week 4 you sum up all the planned costs for the t... View the full answer
Related Book For
Government and Not for Profit Accounting Concepts and Practices
ISBN: 978-1118155974
6th edition
Authors: Michael H. Granof, Saleha B. Khumawala
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