Earned Value

707 Words Dec 2nd, 2013 3 Pages
Problems 5-1 through 5-2 (Graded) 5-1 Earned Value Calculation 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 forth of a planned 6-week schedule. It has cost $200,000 so far. It was estimated to cost $450,000 when finished. It is …show more content…
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 forth 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 this data, calculate the following. Activity APV = 7/15 X $250,000 = $116, 666EV = 50% X $250,000 = $125,000AC = $165,000 | Activity BPV = 2/4 X $190,000 = $95,000EV = 65% X $190,000 = $123,500AC = $150,000 | Activity CPV = $250,000EV = 100% X $250,000 = $250,000AC = $200,000 | Activity DPV = 4/6 X $500,000 = $333,333EV = 55% X $500,000 = $275,000AC = $350,000 |

AC Cumulative = $165,000 + $150,000 + $200,000 + $350, 000 = $865,000
PV Cumulative = $116,666 + $95,000 + $250,000 + $333,333 = $794,999
EV Cumulative = $125,500 + $123,500 + $250,000 + $275,500 = $774,000
BAC = $250,000 + $190,000 + $250,000 + $500,000 = $1,190,000

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

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