Task 2 ev 20x10 20 pv 20 cv ev ac 20 14 6 sv ev pv 20

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Task 2: EV = (20X1.0) = 20. PV = 20 CV = EV-AC = 20 - 14 = 6, SV = EV-PV = 20-20 = 0. Task 3: EV = (30X1.0) = 30. PV = 30 CV = EV-AC = 30 - 20 = 10, SV = EV-PV = 30-30 = 0. Task 4: EV = (20X1.0) = 20 PV = 20 CV = EV-AC = 20 - 15 = 5, SV = EV-PV = 20-20 = 0. Task 5: EV = (16X0.0) = 0 PV = 0 CV = EV-AC = 0 - 0 = 0, SV = EV-PV = 0-0 = 0. Task 6: EV = (18X0.5) = 9 PV = 9 CV = EV-AC = 9 - 9 = 0, SV = EV-PV = 9-9 = 0. Status Report: Ending Period 7 ($00) Task % Complete EV AC PV CV SV 1 Finished 6 5 6 1 0 2 Finished 20 14 20 6 0 7
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HW 9 IE5411 Sunny Ahmed 3 Finished 30 20 30 10 0 4 Finished 20 15 20 5 0 5 0% 0 0 0 0 0 6 50% 9 9 9 0 0 Cumulative 85 63 85 22 0 Based on the above tables and the following formulas the table can be filled. SPI = EV/PV CPI = EV/AC PCIB = EV/BAC Period SPI CPI PCIB 1 0 0 2 1 1.2 0.05 3 0.61 0.91 0.17 4 0.76 1.03 0.26 5 0.77 1.37 0.41 6 0.82 1.3 0.51 7 1 1.35 0.72 The following plot shows EV, AC and PV plotted on the summary graph. 8
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HW 9 IE5411 Sunny Ahmed The following plot shows SPI, CPI and PCIB plotted on the index graph. EAC f = BAC / CPI = 118/1.35 =87 or EAC f = AC + ETC f = AC + (BAC -EV)/(EV/AC) = 63 + (118-85)/(85/63) = 63 + 24 = 87. VAC re = BAC - EAC f = 118 - 87 = 31 Therefore forecast estimate at completion of the project shows that it will be 31 times the unit under budget. (Note Unit is not given if ($00) then $3100 or if ($000) then $31000). At the end of week 7 the project is (0.72 x 100%) 72% completed with times the unit under budget. (Note Unit is not given if ($00) then $2200 or if ($000) then $22000). If the project continues to get $1.35 worth of work for each dollar spent the project will be 31 times the unit under budget. (Note Unit is not given if ($00) then $3100 or if ($000) then $31000). Positive variance of cost suggests that they are well below cost and 0 variance of schedule suggests they are right on schedule without any delays. ) variance also means that if any delay happens here onwards the project will be delayed since they don’t have slack. 9
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HW 9 IE5411 Sunny Ahmed Additional Estimate: Updated Baseline: Updated Information Actual Cost by Time Period Revised Cost Estimate to Complete 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Task s DU R Tot PV 1 2 8 3 2 2 5 40 5 2 1 2 4 3 5 30 7 3 2 4 4 4 4 20 5 3 2 5 5 4 40 4 4 4 4 6 2 60 9 9 7 3 20 4 0 4 Total Cost 3
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