Question
Sam the CAM quit and his records were corrupted. All we could salvage were the following bits of information: Budget at Completion (BAC) = $120,000
- Sam the CAM quit and his records were corrupted. All we could salvage were the following bits of information:
Budget at Completion (BAC) = $120,000
Cumulative Earned Value (EV) = $40,000
Cost Variance (CV) = -$10,000
Schedule Variance (SV) = -$1,000
Estimate to Complete (ETC) = $86,000
A. Calculate percent complete.
B. Calculate the planned value (PV)
C. Calculate the actual cost (AC)
D. Calculate the Cost Performance Index (CPI)
E. Calculate the Schedule Performance Index (SPI)
Provide the interpretation of the current status based on the schedule variance, cost variance, CPI and SPI.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
A To calculate the percent complete we can use the formula Percent Complete Cumulative Earned Value Budget at Completion 100 Using the given informati...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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Project Management Achieving Competitive Advantage
Authors: Jeffrey K. Pinto
4th edition
133798070, 978-0133798074
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