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You have a project to install 50 solar panels on a roof. You estimate that you can install 5 panels a day, and thus it
- You have a project to install 50 solar panels on a roof. You estimate that you can install 5 panels a day, and thus it will take you 10 working days. The cost per installed solar panel, including material and labour is $2,250. You are at the end of Day 6, at 4pm and realize you have installed 20 panels and the cost spent so far is $35,000
- What is the total cost of the project at the end? What percent of the work has been done?
- What is the planned value, earned value, actual cost, at day 6 for cost and Schedule?
EV | PV | AC | |
Cost | |||
Schedule |
- What is the cost variance and schedule variance?
- What is the CPI and SPI? What is the status of the budget and schedule?
2. You are working on a project to build a mobile app to track and save costs related to study in a College. The mobile app project started on June 1st and the plan was for it to finish on Aug,31th at a total cost of $50,000. Suppose today is end of day July 31st and in your team meeting, it is informed that you have completed 89% of the work and spent $48,500. Assume 5 days working week.
- What is the total cost of the project? What percent of the work has been done?
- What is the planned value, earned value, actual cost, fill the table
EV | PV | AC | |
Cost | |||
Schedule |
- What is the cost variance and schedule variance?
- What is the CPI and SPI? What is the status of the budget and schedule?
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