EV Dog Pen Exercise Assume that you are the PM for the Dog Pen project. The goal
Question:
EV Dog Pen Exercise Assume that you are the PM for the Dog Pen project. The goal is to build a four-sided dog pen. Each side is budgeted to cost $100 to complete and require one day of your time. As the project progresses the following results are recorded:
Day 1.
Side A completed; spent $100 Day 2.
Side B completed; spent $120 Day 3.
Side C 50% completed; spent $60 Day 4.
Side D not started; spent $0
a. By inspection and without resorting to EV formulae what is the general status of this project? What is cost at completion? What is schedule completion estimate?
b. Calculate the following EV parameters PV =
EV =
AC =
BAC =
CV =
SV =
EAC =
ETC =
c. Using your knowledge of EV interpret the status of this project.
Step by Step Answer:
Project Management Theory And Practice
ISBN: 9780815360711
3rd Edition
Authors: Gary L. Richardson, Brad M. Jackson