You are managing a software project with an initial budget estimate of 5 million USD. During interim cost and schedule performance analysis, you figured out that:You should have spent $650,000 till now based on your initial plans and 1,500 man/days of scheduled activitiesYou spent $425,000 till now and completed 600 man/days of scheduled activities which should have cost $525,000 based on your initial plans.You re-estimated the budget required for the remaining work to be done as $4,500,000.Identify:BACPVACEVETCCalculate:CPISPICVSVVACEACTCPIOnce you've calculated this, what does it mean for your project and your stakeholders?Note: You won't be able to view anyone else's response until you've posted yours. Also, feel free to use Google, if needed to help give you further clarity on the formulas being used. Be sure to submit an initial, substantive post by Friday at 11:59 p.m. CST.

Name: You are managing a software project with an initial budget estimate of
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Description: You are managing a software project with an initial budget estimate of 5 million USD. During interim cost and schedule performance analysis, you figured out that:You should have spent $650,000 till now based on your initial plans and 1,500 man/days o

In project management, one of the important concepts is cost and schedule performance analysis. This…

Answered: Identify: BAC PV AC EV ETC Calculate:…

Business

Operations Management

Identify: BAC PV AC EV ETC Calculate: CPI SPI CV SV VAC EAC TCPI

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter11: Simulation Models

Section: Chapter Questions

Problem 68P

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