Question
Using the cost columns in each of the five open rows, pick the correct value for Schedule Performance and CostPerformance. The eBook discusses the relationship
Using the cost columns in each of the five open rows, pick the correct value for Schedule Performance and CostPerformance. The eBook discusses the relationship between PV and EV for Schedule Performance, and between EV and AC for Cost Performance. This will help you compare values in the cost columns and select the right values for Schedule and Cost Performance. The rest of the columns to the right of Budget at Completion all use a formula for calculating the correct value. All of the formulas are explained in the eBook. Once you have the correct formula, use it to compute the correct value until you have completed all five rows (the first row is prefilled with zeros). If you are proficient with Excel formulas, feel free to use them instead of calculating the answers manually
PV EV AC BAC CV SV CPI SPI EAC ETC Cost Schedule Schedule Cost Budget at Schedule Performance Performance Estimate at Estimate to Comments From the PM's Diary Status Date | Planned Value Earned Value Actual Cost Performance Performance Completion Cost Variance Variance Index Index Completion Complete So excited to get started! 12-Jul $0.0 $0.00 $0.00 On Schedule On Budget $251,335.00 $0.00 $0.00 0.0000 0.0000 $0.00 $0.00 Wow, work went quicker than anticipated, Ahead of 26-Jul $15,055.00 $21,260.00 $17,595.00 Over Budget $251,335.00 finished 3 days early! Schedule Uh-Oh, new Customer Requirements, Behind 2-Aug $27,580.00 $32,472.73 $33,875.00 Over Budget $251,335.00 added 3 days! Schedule Uh-Oh (again), need 4 more days for Design Behind 30-Aug $71,580.00 $68,720.00 $70,655.00 Under Budget $251,335.00 Specs! Schedule Uh-Oh (sigh), it will take a little longer (1 Behind 8-Nov $203,330.0 $186,170.00 $200,905.00 Under Budget $251,335.00 week) for coding the extra requirements! Schedule Hey! Unit and System Tests went very well, Ahead of 30-Nov $251,335.00 $251,335.00 $248,460.00 $251,335.00 Schedule Under Budget finished 6 days earlyStep by Step Solution
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