QUESTION 5 If Samantha would have to calculate variances in schedules and cost to assess progress of the project, advise her on the Eamed Value
QUESTION 5 If Samantha would have to calculate variances in schedules and cost to assess progress of the project, advise her on the Eamed Value Method. Use the hypothetical information below to complete the calculations. Budget at Completion (BAC) R40 000 Percentage Complete (PC) 50% Actual Cost (AC) R25 000 The project should be 40% complete at this stage Calculate the following to determine the project status to assist Samantha: A. Planned Value (PV) B. Earned Value (EV) C. Schedule Variance (SV). Based on the calculation, determine the status of the project. D. Cost Variance (CV). Based on the calculation, determine the status of the project. Q Search END OF PAPER myhp (20
Step by Step Solution
There are 3 Steps involved in it
Step: 1
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