Instructions Earned Value Management (EVM) is a project cost control method that can be used to measure productivity. The objective of this assignment is to learn how EV calculations are performed. 1. The construction phase of a building project is at the end of its month, while is total duration was estimated to be 12 months. At the beginning of the project, the progress was estimated to be as follows: Month: 1 2 7 Scope: 3% 11 12 6% 7% 10% 12% 13% 13% 10% 9% 7% 6% The following tables show estimations of the trades and material required to complete the project plus the person-hours spent and the material consumed at the end of the the month Person hours Rate (She 1000 500 em 2000 55 Trade Type Concrete & Masonry Painting & Finishes Glass & Glazing Communications Metal Fabrication & Millwork Drywall & Acoustics Electrical Mechanical & HVAC 1500 Plumbing 70 1000 2400 4000 1400 3200 75 Material Concrete, Rebar & Masonry Paint GS Cable Poe Price : 300,000 70.000 4 27.000 6 40.000 35.000 23 25,000 61 124,000 10 Wood HVAC Units According to the samed value analysis. 48% of the scope is completed at the end of the six months During the first six months of the project, the price of pipe and paint were escalated by 55250. Further half of the mechanical equipment was purchased at a 20% additional price because of inflation. At the end of the 4th month a change order was issued and approved which increased the total plumbing person-hours by 10%. The second change order was issued yet to be approved at the end of the month that could increase the total floor covering workload by 20%. The third change order was issued and approved at the end of the month, which adds an extra $10,000 to the metal fabrication & millwork. The rate of Drywall Acoustics and the price of all materials except pipe and paint will be y 10% after the month. Calculate the following terms and show them schematically necessary on a diagram a Original BAC b. Updated BAC at the end of the month CBCWS d. BCWP ACWP i cv CPI h. SV EAC (Cost considering the same rate of progress SPI 2. Based on all actual numbers at the end of month 6. extrapolate or project to the end of month 7 (7" month) what you believe will have been spent or consumed by then and re-calculate all EV values from above. Explain why you believe your new numbers should be credible Rate trade Concrete Masonry Painting and Finishes 300 so 00 35 lear 23 Owl acosts Elect Mechanical Total Consumed Consumed 5) 89 264.000 2.800 6 1620 Material Concrete, Rebar Masonry Paint Glass Cable Pipe Wood HVAC Units Mechanical Equipment Total (5) Price ($) 300,000 70.000 27,000 40,000 35,000 25.000 124.000 32.000 653,000 8.00 61 20 52 12.400 16.40 Com Cerrar 30 270 Price and powered by HRC Total . 1 + Instructions Earned Value Management (EVM) is a project cost control method that can be used to measure productivity. The objective of this assignment is to learn how EV calculations are performed. 1. The construction phase of a building project is at the end of its month, while is total duration was estimated to be 12 months. At the beginning of the project, the progress was estimated to be as follows: Month: 1 2 7 Scope: 3% 11 12 6% 7% 10% 12% 13% 13% 10% 9% 7% 6% The following tables show estimations of the trades and material required to complete the project plus the person-hours spent and the material consumed at the end of the the month Person hours Rate (She 1000 500 em 2000 55 Trade Type Concrete & Masonry Painting & Finishes Glass & Glazing Communications Metal Fabrication & Millwork Drywall & Acoustics Electrical Mechanical & HVAC 1500 Plumbing 70 1000 2400 4000 1400 3200 75 Material Concrete, Rebar & Masonry Paint GS Cable Poe Price : 300,000 70.000 4 27.000 6 40.000 35.000 23 25,000 61 124,000 10 Wood HVAC Units According to the samed value analysis. 48% of the scope is completed at the end of the six months During the first six months of the project, the price of pipe and paint were escalated by 55250. Further half of the mechanical equipment was purchased at a 20% additional price because of inflation. At the end of the 4th month a change order was issued and approved which increased the total plumbing person-hours by 10%. The second change order was issued yet to be approved at the end of the month that could increase the total floor covering workload by 20%. The third change order was issued and approved at the end of the month, which adds an extra $10,000 to the metal fabrication & millwork. The rate of Drywall Acoustics and the price of all materials except pipe and paint will be y 10% after the month. Calculate the following terms and show them schematically necessary on a diagram a Original BAC b. Updated BAC at the end of the month CBCWS d. BCWP ACWP i cv CPI h. SV EAC (Cost considering the same rate of progress SPI 2. Based on all actual numbers at the end of month 6. extrapolate or project to the end of month 7 (7" month) what you believe will have been spent or consumed by then and re-calculate all EV values from above. Explain why you believe your new numbers should be credible Rate trade Concrete Masonry Painting and Finishes 300 so 00 35 lear 23 Owl acosts Elect Mechanical Total Consumed Consumed 5) 89 264.000 2.800 6 1620 Material Concrete, Rebar Masonry Paint Glass Cable Pipe Wood HVAC Units Mechanical Equipment Total (5) Price ($) 300,000 70.000 27,000 40,000 35,000 25.000 124.000 32.000 653,000 8.00 61 20 52 12.400 16.40 Com Cerrar 30 270 Price and powered by HRC Total . 1 +
