Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Activity Day 1 Day 2 Day 3 Day 4 Status End of Day 3 Side 1 S-----------F Complete Spent $2,000 Side 2 S-----------PF ----F Complete
Activity | Day 1 | Day 2 | Day 3 | Day 4 | Status End of Day 3 |
Side 1 | S-----------F | Complete Spent $2,000 | |||
Side 2 | S-----------PF | ----F | Complete Spent $2,200 | ||
Side 3 | PS--S------PF | 40% done, spent $1,000 | |||
Side 4 | PS---------PF | Not yet started | |||
Key S= Actual Start, F=Actual Finish, PS=Planned Start and PF=Planned Finish |
You have a project to build a new fence. The fence is four sided as shown. Each side is to take one day to build and is budgeted for $2000 per side. The sides are planned to be completed one after the other. Today is the end of day 3. Using CPI, What is the Estimate at Completion (EAC)?
a.
3495.65
b.
8695.65
c.
8000.00
d.
6000.00
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started