Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2. A project has an original planned schedule of 18 months with a budget of $3,000,000. Below are update reports for the first six (6)

image text in transcribed
2. A project has an original planned schedule of 18 months with a budget of $3,000,000. Below are update reports for the first six (6) months of the project. Status Report for Month Planned (BCWS) Earned (BCWP) Actual (ACWP) 1 $3,900 $3,800 $4.000 2 $45,600 $42.900 $44,700 3 $184.900 $162,700 $191,400 4 $315,000 $309,300 $351,500 5 $479,300 $508,100 $523,800 6 $545.800 $556,700 $535.300 Perform an earned-value analysis of the project. For each reporting period, calculate the variances (CV and SV), the performance indices (CPI and SPI), and forecast the completion time and cost. Prepare a graph similar to the graph in the notes, to show trends in the project performance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Cost Of Quality Audit

Authors: W. Jeffrey Howard

1st Edition

1902433629, 978-1902433622

More Books

Students also viewed these Accounting questions

Question

What is the result of the following code if the user enters 4

Answered: 1 week ago