You have a project to build a new fence. The fence is four sided as shown below. Each side is to take one day
You have a project to build a new fence. The fence is four sided as shown below. Each side is to take one day to build and is budgeted for $1,000 per side. The sides are planned to be completed one after the other. Today is the end of day three. (Assume that the sides have a FINISH-TO-FINISH relationship) Using the project status chart below, fill in the blanks in the chart (Use "PV" as an example)- All calculations to be done to 3 decimal places. Activity Side 1 Side 2 Side 3 Side 4 Day 1 S F Day 2 S----FPF S---- Day 3 PS PF S----- Day 4 PS PF Status End of Day 3 Complete, spent $1,000 Complete, spent $900 50% done, spent $1000 75% done, spent $400 Key: S = Actual Start F = Actual Finish PS = Planned Start PF = Planned Finish What Is: PV EV AC BAC CV CPI SV SPI EAC ETC VAC Calculation 1000 + 10000 + 10000 Answer 3000 Interpretation of the Answer We should have done $3000 worth of work
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