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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

  1. 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
  2. What is the total cost of the project at the end? What percent of the work has been done?
  3. What is the planned value, earned value, actual cost, at day 6 for cost and Schedule?

EV

PV

AC

Cost

Schedule

  1. What is the cost variance and schedule variance?
  2. 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.

  1. What is the total cost of the project? What percent of the work has been done?
  2. What is the planned value, earned value, actual cost, fill the table

EV

PV

AC

Cost

Schedule

  1. What is the cost variance and schedule variance?
  2. What is the CPI and SPI? What is the status of the budget and schedule?

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