Given the following information for a one-year project, answer the following questions. Recall that PV is the planned value, EV is the earned value, AC is the actual cost, and BAC is the budget at completion. PV = $23,000 EV = $20,000 AC = $25,000 BAC = $120,000 Use the schedule performance index (SPI) to estimate how long it will take to finish this project.

Given the following information for a one-year project, answer the following questions. Recall that PV is the planned value, EV is the earned value, AC is the actual cost, and BAC is the budget at completion. PV = $23,000 EV = $20,000 AC = $25,000 BAC = $120,000 Use the schedule performance index (SPI) to estimate how long it will take to finish this project.

Information Technology Project Management

9th Edition

ISBN:9781337101356

Author:Kathy Schwalbe

Publisher:Kathy Schwalbe

Chapter6: Project Schedule Management

Section: Chapter Questions

Problem 9QQ

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Similar questions

Given the following information for a one-year project, answer the following questions. Recall that PV is the planned value, EV is the earned value, AC is the actual cost, and BAC is the budget at completion. PV = $23,000 EV = $20,000 AC = $25,000 BAC = $120,000 What is the cost variance, schedule variance, cost performance index (CPI), and scheduleperformance index (SPI) for the project? How is the project doing? Is it ahead of schedule or behind schedule? Is it under budget or over budget? Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project performing better or worse than planned? Use the schedule performance index (SPI) to estimate how long it will take to finish this project. Sketch the earned value chart based for this project, using Figure 7-5 as a guide.
Given the following information for a one year project, address the following queries: Planned Value PV = $2300 Earned Value EV = $2000 Actual cost AC = $2500 Budget at completion BAC = $12000 Formulas are given below. Hint: Chapter 7, Page 312 to 316 of your ref book (IT Project Management by kathy) What is the cost variance, schedule variance, cost performance index CPI and schedule performance index SPI for the project. How is the project doing? Is it ahead of schedule or behind the schedule? Is it under budget or over budget? Use the CPI to calculate the estimate at completion EAC for the project. Is the project performance better or worse than planned? Use the SPI to identify how long it will take to finish. Draw the earned value chart for this project. Sample is given below.
Given the following information for a one-year IT project of Gulf Hospital System, answer the following questions. Recall that PV is the planned value, EV is the earned value, and AC is the actual cost. PV = $ 32,000 EV = $ 25,000 AC = $ 36,000 Calculate the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the given project. Justify the results.
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