We estimate that, even though we should have 83 percent (25y30) of this activity complete, it is
Question:
We estimate that, even though we should have 83 percent (25y30) of this activity complete, it is actually only 50 percent complete. This part of the project was scheduled to bring in $150,000 in donations. The i nal activity is for matching funds.
This activity is scheduled to run the last 10 days of the project and has not started.
It is scheduled to bring in an additional $50,000. So far $175,000 has actually been brought in on the project.
Calculate the schedule variance, schedule performance index, and cost (actually value in this case) performance index. How is the project going? Hint: Note that this problem is different since revenue rather than cost is the relevant measure. Use care in how the measures are interpreted. LO.1
Step by Step Answer:
Operations And Supply Chain Management
ISBN: 9780077151638
14th Edition
Authors: F. Robert Jacobs , Richard Chase