Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

TASK 5 EARNED VALUE ANALYSIS (6 MARKS) It was decided to budget the project using normal duration of each of the activities. The progress of

image text in transcribed
TASK 5 EARNED VALUE ANALYSIS (6 MARKS) It was decided to budget the project using normal duration of each of the activities. The progress of the project activities exactly at the middle of the planned project duration are given below: Activity Percent Completed Actual Cost to Date ($) A 100 200,000 100 330,000 100 600,000 200,000 400,000 60,000 130,000 SU BTASKS Based on the given status of the project determine the followings: A. Planned Value (PV) and Earned Value (EV) at the status date 1 B. Schedule Variance (SV) and Schedule Performance Index (SPI) at the status date 1 C. Cost Variance (CV) and Cost Performance Index (CPI) at the status date 1

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Accounting And Principles Of Financial Accounting

Authors: Belverd E Needles, Marian Powers, Susan V Crosson

12th Edition

1133962459, 9781133962458

More Books

Students also viewed these Accounting questions

Question

8. What are the costs of collecting the information?

Answered: 1 week ago