Suppose you have a project with a Budget at Completion (BAC) of $250,000 and a projected length of 10 months. After tracking the project for six months, you have collected the information in the table below. a. Complete the table. How do Earned Value SPI (based on $) and Earned Schedule SPI differ? b. Calculate the schedule variances for the project for both Earned Value and Earned Schedule. How do the values differ?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 32P
icon
Related questions
Question
Suppose you have a project with a Budget at Completion (BAC) of $250,000 and a projected length of 10 months. After tracking the project for six months, you have collected the information in the table below. a. Complete the table. How do Earned Value SPI (based on $) and Earned Schedule SPI differ? b. Calculate the schedule variances for the project for both Earned Value and Earned Schedule. How do the values differ?
Jan
Feb
Mar
Apr
Мay
Jun
PV ($)
25,000
40,000
70,000
110,000
150,000
180,000
EV ($)
20,000
32,000
60,000
95,000
123,000
151,000
SV ($)
-5,000
SPI ($)
0.80
ES (mo.)
0.80
SV (t)
SPI (t)
-.20
0.80
Transcribed Image Text:Jan Feb Mar Apr Мay Jun PV ($) 25,000 40,000 70,000 110,000 150,000 180,000 EV ($) 20,000 32,000 60,000 95,000 123,000 151,000 SV ($) -5,000 SPI ($) 0.80 ES (mo.) 0.80 SV (t) SPI (t) -.20 0.80
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,