Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Use MS Project to solve this Earned Value Analysis. After 6 time periods the project is roughly 66% complete and so far work on the
Use MS Project to solve this Earned Value Analysis.
After 6 time periods the project is roughly 66% complete and so far work on the project has taken 1,600 hours less work than planned. There is 400 hours worth of work on Activity 4 which was suppose to have been done that has not done. Since Activity 4 is on the critical path, the project is behind schedule. If schedule is the number priority, the project manager may want to consider investing some of the savings on accelerating critical activities. The following labor hours data have been collected for a nanotechnology project for periods 1 through 6 . Compute the SV, CV, SPI, and CPI for each period. Determine the CPI and SPI for each period \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{6}{|c|}{ Schedule information } & \multicolumn{14}{|c|}{ Baseline budget needs-labor hours (00)} \\ \hline \multirow{2}{*}{\begin{tabular}{l} ACT/ \\ WP \end{tabular}} & \multirow[t]{2}{*}{ DUR } & \multirow[t]{2}{*}{ ES } & \multirow[t]{2}{*}{ LF } & \multirow[t]{2}{*}{ SL } & \multirow{2}{*}{\begin{tabular}{l} Total \\ PV \end{tabular}} & \multicolumn{14}{|c|}{ Time period } \\ \hline & & & & & & & & 2 & 3 & 4 & 5 & 6 & 7 & 8 & 9 & 10 & 11 & 12 & 314 \\ \hline 1 & 2 & 0 & 2 & 0 & 20 & 10 & 10 & & & & & & & & & & & & \\ \hline 2 & 2 & 2 & 7 & 3 & 24 & & & 16 & 8 & & & & & & & & & & \\ \hline 3 & 6 & 2 & 11 & 3 & 30 & & & 5 & 5 & 10 & 3 & 2 & 5 & & & & & & \\ \hline 4 & 5 & 2 & 7 & 0 & 25 & & & 10 & 10 & 2 & 2 & 1 & & & & & & & \\ \hline 5 & 4 & 4 & 11 & 3 & 16 & & & & & 4 & 4 & 4 & 4 & & & & & & \\ \hline 6 & 4 & 7 & 11 & 0 & 20 & & & & & & & & 5 & 5 & 6 & 4 & & & \\ \hline 7 & 2 & 11 & 13 & 0 & 10 & & & & & & & & & & & & 5 & 5 & \\ \hline & & & & PVB & period & 10 & 10 & 31 & 23 & 16 & 9 & 7 & 14 & 5 & 6 & 4 & 5 & 5 & \\ \hline & & & mula & PV b & period & 10 & 20 & 51 & 74 & 90 & 99 & 106 & 120 & 125 & 131 & 135 & 140 & 145 & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Status Report: Ending Perlod 1} \\ \hline Task & \%Complete & EV & AC & PV & CV & sv \\ \hline 1 & 50% & - & 500 & 1000 & & \\ \hline Cumulative Totals & & - & 500 & 1000 & & - \\ \hline \multicolumn{7}{|c|}{ Status Report: Ending Perlod 2} \\ \hline Task & \%Complete & EV & AC & PV & CV & sv \\ \hline 1 & Finished & - & 1500 & 2000 & & - \\ \hline Cumulatlve Totals & & - & 1500 & 2000 & & - \\ \hline \multicolumn{7}{|c|}{ Status Report: Ending Perlod 3} \\ \hline Task & \%Complete & EV & AC & PV & CV & sv \\ \hline 1 & Finished & 2000 & 1500 & 2000 & & \\ \hline 2 & 0% & - & 0 & - & & \\ \hline 3 & 10% & - & 200 & - & - & \\ \hline 4 & 20% & - & 500 & & & - \\ \hline Cumulatlve Totals & & - & 2200 & & & - \\ \hline \multicolumn{7}{|c|}{ Status Report: Ending Perlod 4} \\ \hline Task & \%Complete & EV & AC & PV & cv & sv \\ \hline 1 & Finished & 2000 & 1500 & 2000 & & - \\ \hline 2 & 50% & - & 1000 & - & & \\ \hline 3 & 30% & - & 800 & - & & - \\ \hline 4 & 40% & - & 1500 & & & \\ \hline Cumulative Totals & & - & 4800 & - & & - \\ \hline \multicolumn{7}{|c|}{ Status Report: Ending Perlod 5} \\ \hline Task & \%Complete & EV & AC & PV & cV & sv \\ \hline 1 & Finished & 2000 & 1500 & 2000 & & \\ \hline 2 & Finished & - & 2000 & - & & - \\ \hline 3 & 50% & - & 800 & & & \\ \hline 4 & 60% & - & 1500 & & & \\ \hline 5 & 25% & - & 400 & & & - \\ \hline Cumulative Totals & & - & 6200 & - & - & - \\ \hline \multicolumn{7}{|c|}{ Status Report: Ending Perlod 6} \\ \hline Task & \%Complete & EV & AC & PV & cV & sv \\ \hline 1 & Finished & 2000 & 1500 & 2000 & & \\ \hline 2 & Finished & - & 2000 & - & & \\ \hline 3 & 80% & - & 2100 & & & \\ \hline 4 & 80% & & 1800 & & & \\ \hline 5 & 50% & - & 600 & - & & - \\ \hline Cumulative Totals & & - & 8000 & & & \\ \hline \end{tabular}
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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