TIM-500_Cost_HW

# TIM-500_Cost_HW - costing more than planned The scheduled...

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“I have neither received nor given unsanctioned help in the completion of this assignment. I have not copied the ideas or work of others nor have I misrepresented myself or my work”, Joseph Murphy. PV = \$23,000 EV = \$20,000 AC = \$25,000 BAC = \$120,000 1. a. CV = EV – AC = \$20,000 - \$25,000 = CV = -\$5,000. SV = EV – PV = \$20,000 - \$23,000 = SV = -\$3,000. CPI = EV/AV = \$20,000/\$25,000 = 0.8 = CPI = 80%. SPI = EV/PV = \$20,000/\$23,000 = 0.8696 = SPI =86.96%. b. The project is not going very well so far. The cost variance is negative so, the project is

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Unformatted text preview: costing more than planned. The scheduled variance is negative so, the project is taking longer than planned. The schedule performance index is less than one so, the project is behind schedule . The cost performance index is less than one so, the project is over budget . c. EAC = BAC/CPI = \$120,000/0.80 = \$150,000. This project is worse than planned and will cost \$30,000 more than estimated. d. Completion time = Original time (12 months)/SPI = 12/0.8696 = 13.8 months ....
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## This note was uploaded on 04/11/2010 for the course TIM 500 taught by Professor Mccabe during the Spring '10 term at SUNY IT.

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TIM-500_Cost_HW - costing more than planned The scheduled...

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