Question
You have a project that is scheduled to be completed in 10 days at a budgeted cost of R100, 000. At the end of day
- You have a project that is scheduled to be completed in 10 days at a budgeted cost of R100, 000. At the end of day 6 you do an analysis and you determine the job is 70% complete and you have spent R 65,000.
Assumptions:
For the EAC, this report uses the EAC formula of EAC = BAC/CPI, which is one of the EAC formulas; assuming the current trend of the cost performance will be typical of the project going forward.
- What is the projects earned value at day 6?
- What is the projects budget at completion?
- Is the project ahead, behind schedule or on time?
- Is the project expected to complete on budget, under or over budget?
- What is the projects SPI at day 6?
- What is the projects CPI at day 6?
- What is the Estimate to Completion?
- What is the Estimate at Completion?
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Frank Woods Business Accounting Volume 1
Authors: Alan Sangster, Frank Wood
13th Edition
1292084669, 9781292084664
