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Ch.10,11 HWK

# Ch.10,11 HWK - (Ch 10 P#1 Ch 11 P#1 10 Mar 1 Find the...

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1. Find the schedule and cost variances for a project that has an actual cost at month 22 of \$540,000, a scheduled cost of \$523,000, and an earned value of \$535,000. BCWP = budgeted cost of work performed = (Earned Value) SV = BCWP - BCWS ACWP = actual cost of work performed CV = BCWP - ACWP BCWS = budgeted cost of work scheduled BCWP = 535,000 ACWP = 540,000 BCWS = 523,000 Schedule variance: 535,000 - 523,000 = \$12,000 Cost variance: 535,000 - 540,000 = -\$5,000 1. Given the following information, calculate the critical ratios and indicate which activities are on target and which need to be investigated. Comment on the situation for each of the activities. Activity Actual Progress Scheduled Progress Budgeted Cost Actual Cost A 2 days 2 days \$40 \$35 B 4 days 6 days \$30 \$40 C 1 day 3 days \$50 \$70 D 3 days 2 days \$25 \$25 Activity Actual Progress Scheduled Progress Budgeted Cost Actual Cost Critical Ratio (days) (days) (\$) (\$) A (2 / 2) x (40 / 35) = 1.14

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Ch.10,11 HWK - (Ch 10 P#1 Ch 11 P#1 10 Mar 1 Find the...

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