New

Learn smart - Learn online. Upto 88% off on courses for a limited time. View Courses

Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
loader
Add File

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Guaranteed Higher Grade!

PM592 Datasheet

tag 0 Download 4 Pages / 780 Words tag 20-11-2020
  • Course Code: PM592
  • University: DeVry University
    icon

    MyAssignmentHelp.com is not sponsored or endorsed by this college or university

  • Country: United States

Question:

Your project has four activities. Below is the current status of each activity.

Activity A was to have cost $150,000 when complete. Its costs so far are $45,000. It is 35% complete.  The activity has completed 5 weeks of a planned 15-week schedule. Activity B is at the end of week 2 of a planned 4-week effort. It is 45% complete. It was to cost $100,000 when finished. Its costs to date are $50,000.

Activity C is finished. It finished 2 weeks late. It cost $100,000. And it was planned to have cost $110,000. 

Activity D is beginning its fourth of a planned 6-week schedule. It has cost $200,000 so far. It was estimated to cost $450,000 when finished. It is approximately 55% complete. Using these data, calculate the following. 

  1. What are the PV, EV, and AC for the project?

BAC = $810,000

PV for project = $(35%*150,000) + (45%*100,000) + (100,000) + (55%*450,000) = $52,500 + 45,000 + 100,000 + 247,500 = $445,000.

EV = (52%*810,000) = $421,200

AC = $395,000 

  1. What are the SV, CV, SPI, and CPI for the project? 

SV = EV – PV = -$23,800 (negative variance means project is behind schedule)

CV = EV – AC = $26,200

SPI = EV / PV = 0.95

CPI = EV / AC = 1.07 

  1. Assess the project performance to date. Do you get to have the celebration?

The project is behind schedule and hence, time is to be adjusted in order to get to have the celebration.
5-2 Earned Value Calculation                                                                                                                            

Your project has four activities. Below is the current status of each activity.

Activity A was to have cost $250,000 when complete. Its costs so far are $165,000. It is 50% complete.  The activity has completed 7 weeks of a planned 15-week schedule. 

Activity B is at the end of week 2 of a planned 4-week effort. It is 65% complete. It was to cost $190,000 when finished. Its costs to date are $150,000.

Activity C is finished. It finished 2 weeks late. It cost $200,000 and it was planned to have cost $250,000. Activity D is at the end of its fourth of a planned 6-week schedule. It has cost $350,000 so far. It was estimated to cost $500,000 when finished. It is approximately 55% complete. 

Using these data, calculate the following.

  1. Calculate the CV, SV, CPI, and SPI for each activity and the total project

Project A

BAC = $250,000

PV for project = 47%*$250,000 = $117,500

EV = (50%*250,000) = $125,000

AC = $165,000

SV = EV – PV = $7500

CV = EV – AC = -$40,000

SPI = EV / PV = 1.06

CPI = EV / AC = 0.76

Project B

 BAC = $190,000

PV = 50%*190,000 = $95,000

EV = 65%*190,000 = $123,500

AC = $150,000

SV = $28,500

CV = –$26,500

SPI = 1.3

CPI = 0.82 

Project C

BAC = $250,000

PV = 120%*250,000 = $300,000

EV = 100%*250,000 = $250,000

AC = $200,000

SV = –$50,000

CV = $50,000

SPI = 0.83

CPI = 1.25

Project D

BAC = $500,000

PV = 67%*500,000 = $335,000

EV = 55%*500,000 = $275,000

AC = $350,000

SV = –$60,000

CV = –$75,000

SPI = 0.82

CPI = 0.79

Total for Project:

SV = -$74,000

CV = -$91,500

SPI = 1.0025

CPI = 0.905                                                                                                                            

  1. What is your assessment of the project at this time?

The project is behind the planned budget and experiencing extra expenses. Also, the project is behind schedule.

Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

Upload
Unique Document

Document
Under Evaluation

Get Money
into Your Wallet

Total 4 pages

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2020). Datasheet. Retrieved from https://myassignmenthelp.com/free-samples/pm592-datasheet/progress-values.html.

My Assignment Help (2020) Datasheet [Online]. Available from: https://myassignmenthelp.com/free-samples/pm592-datasheet/progress-values.html
[Accessed 15 August 2022].

My Assignment Help. 'Datasheet' (My Assignment Help, 2020) <https://myassignmenthelp.com/free-samples/pm592-datasheet/progress-values.html> accessed 15 August 2022.

My Assignment Help. Datasheet [Internet]. My Assignment Help. 2020 [cited 15 August 2022]. Available from: https://myassignmenthelp.com/free-samples/pm592-datasheet/progress-values.html.


We Can Help!

Get top notch assistance from our best tutors !
Excel in your academics & career in one easy click!

icon

Other Samples

Content Removal Request

If you are the original writer of this content and no longer wish to have your work published on Myassignmenthelp.com then please raise the content removal request.

icon

5% Cashback

On APP - grab it while it lasts!

Download app now (or) Scan the QR code

*Offer eligible for first 3 orders ordered through app!

screener
ribbon
callback request mobile
Have any Query?