Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Calculate BAC, AC, EV, PV, CV, SV CPI, SPI, and EAC for the following project examples. The method of estimating for EAC will be
Calculate BAC, AC, EV, PV, CV, SV CPI, SPI, and EAC for the following project examples. The method of estimating for EAC will be specified for each project. For each project state whether the project is over/under budget and ahead/behind schedule. Show your work and round to two decimal places for dollar values and three decimal places others. You are the project manager of a road paving project. A total of 10km of road is to be paved over a 5-month period. The total budget for the project is $30,000. At the end of the 3rd month, you have completed 8 km of road and calculated the CPI to be 1.101. You expect the remaining work is to be done at the same budgeted rate.
Step by Step Solution
★★★★★
3.51 Rating (161 Votes )
There are 3 Steps involved in it
Step: 1
To solve this problem we need to define and calculate the following project management metrics BAC Budget at Completion The total budget for the proje...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