Question: Your project to deliver a product has five activities, each with a finish-to-start relationship. Project baseline information is presented below indicating the planned schedule and

Your project to deliver a product has five activities, each with a finish-to-start relationship. Project baseline information is presented below indicating the planned schedule and budgeted cost of each activity.

Baseline

Activity Name

Start

(Baseline)

Finish

(Baseline)

Cost

(Baseline)

Product

6/2/14

5/25/15

Requirements

6/2/14

8/22/14

60,000.00

Design

8/25/14

11/14/14

90,000.00

Build

11/17/14

3/20/15

120,000.00

Test

3/23/15

5/22/15

50,000.00

Release

5/25/15

5/25/15

0.00

You have to report project status as of January 30, 2015. The associated schedule and cost information is provided below. Assume: (1) a five-day work week; and (2) a constant resource loading (i.e., the rate of planned expenditures is constant over the duration of each activity).

Actual

Activity Name

% Complete

Start

(Actual)

Finish

(Actual)

Cost

(Actual)

Product

6/2/14

NA

Requirements

100

6/2/14

8/30/14

68,000

Design

100

8/31/14

11/20/14

85,000

Build

70

11/21/14

NA

110,000

Test

0

NA

NA

0

Release

0

NA

NA

0


Show all work. Round dollar values to the nearest dollar. Calculate all other variables to three decimal places.

  1. Earned Value Measures

    1. Calculate earned value measures for each activity and for the cumulative project as of January 30, 2015; fill in the table below:

Activity

Planned Value (PV)

Earned Value (EV)

Actual Cost (AC)

Requirements

68,000

Design

85,000

Build

110,000

Test

0

Release

0

Entire Project


  1. What is the Budget at Completion (BAC) for the project?

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Solution as follows Step 1 Total cost of the project Given Data Cost of Requirements 60000 Cost of Design 90000 Cost of Build 120000 Cost of Test 5000... View full answer

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