2. EV =CPI =SPI =Since CPI isthe project isbudget.And since SPI is,the project isof schedule.more than 1$100,000$400,000aheadless than 1$1,000,000aboveequal to 1$500,0000.9$10,000,0001.125$450,000 If the BAC is 1002, the CPI is 0.9, and the SPI is 1.2, what is the EAC-1?Round the answer to two decimal places.Answer:If the BAC is 868, the AC = 1000, EV=800, CPI=0.8, what is the EAC-2?%3DRound the answer to two decimal places.Answer:You are the project manager on a $1,000,000 housing development project that has an estimatedduration of five month.You are at the end of month two. According to the project estimate, your team should be done with40% of the work.As of today, the project is 45% complete while 50% budget has been used. Show your conclusion aboutthe project performance below. Choose the right options from the drop-down list.BAC =AC =PV =EV =CPI =SPI =Since CPI isthe project isbudget.of schedule.And since SPI is, the project is

Total budget = $1,000,000 Duration of the project = 5 months Estimated project completion at the end…

Answered: You are the project manager on a…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 21P

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please help, project management. I need part D,Eand 2 1) 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=$22,000 EV=$20,000 AC=$25,000 BAC=$120,000 a) What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the project? Show your calculations. b) How is the project doing? Is it ahead of schedule or behind schedule? Is it under budget or over budget? Explain. c) Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project performing better or worse than planned? Explain. d) Use the SPI to estimate how long it will take to finish this project. e) Sketch the earned value chart for this project. 2) Write a one-page summary explaining how is project cost management different when using an Agile approach? Make sure to document any cited…
Starts With a Bang, Ends With a Whimper A faculty member, Kim Green from the Management Department, was asked to chair a major university committee to plan the mission of the university for the next 20 years. Three other senior faculty and seven administrators from across the campus were also asked to serve on this committee. The president of the university, Dr. Sulgrave, gave the commit- tee its charge: What should Northcoast University be like in the year 2020? Dr. Sulgrave told the committee that the work of this task force was of utmost importance to the future of the university, and the charge of this committee should take precedence over all other matters. The task force was allowed to meet in the president’s conference room and use the president’s secretary. The report of the committee was due in 2 months. The task force members felt very good about being selected for such an important team. The team met on a weekly basis for about 2 hours each time. At first, the members were…
The time (in days) for each activity is written below it. You gain $1,000 in revenue for every day faster you can complete the project. Activity Cost perday crashed Max crashdays avail A $1,100 2 B $950 1 C $1,200 3 D $600 3 E $300 1 F $800 1 In the text box, please answer the following: To maximize profits, which activities should be crashed, and how much? Show me as much information as you would like to in the text box, so I can see how you got to your answer. If we do the optimal amount of crashing, how long will the project take to complete? How much additional profit do you make from the crashing?
The estimated annual cash flows for a proposed municipal government project are costs of $850,000 per year, benefits of $930,000 per year, and disbenefits of $300,000 per year. Calculate the conventional B/C ratio at an interest rate of 9% per year, and determine if it is economically justified.The B/C ratio is______The project is economically ((Click to select)
Answer the 3 questions in the case study Using Project Management Software to Schedule the Olympic Games on page 401. 1. Why did they need drawings of every site, building, and room? 2. How do you think they did planning for the bad weather? 3. Was scheduling the difficult aspect of planning the games or the logistics?
S. For these projects, you will be placed in the position of a strategist tasked to complete an analysis or develop a strategy plan for your company. Read this message from your manager to learn about the parameters of the project. TO: [Your Name]DATE: [Today's Date]FROM: [Supervisor Name]SUBJECT: Supply chain & PEST analysis Next month, during the quarterly board meeting, I will present the external factors impacting our company and how they will influence its growth. Please complete a value chain analysis of our company and a PEST analysis of the external factors impacting our company. Then, summarize the results of your analysis and deliver that summary to me before the end of next week. In your summary, please include a prediction of how those factors might impact our company’s performance moving forward, recommendations for addressing any negative factors, and visual graphs and charts that I can use during the presentation. Your analysis and summary will be a key…
Operations management What is the project leader's job in, first, a predictive project team and, second,an agile project team?
Justify the usage of earned value management (EVM) to control costs and monitor project success, and hypothesize on why it is not utilized more often. What are some broad guidelines for determining if a cost variation, a schedule variance, a cost performance index, or a schedule performance index is positive or negative?
Old MathJax webview Write a summary of "World Bank -Innovation in Solar Power Hybrid Technology Project in India". The summary should be in paragraphs containing the facets of Project Analysis as applicable. *The answer should be in detail*
1. Analyze the cost variance metric, and include the equation and what the acronyms stand for. 1. Describe one project software program that could help a project manager control costs.
ActivityPredecessorDuration (days)a-10b-15ca17db5eb4fc15gd7he8if12jg,h,i10 Draw the network (AON) and calculate and calculate the Critical Path
In each of the following, name the term defined or answer the question. Answers are listed at the bottom.1. Name the three categories of consultants.2. This type of project requires a great deal of experience but little innovation.3. Accenture is well known for this type of approach to training consultants.4. Target utilization is usually highest for which level of consultant?5. McKinsey uses these to structure or maps the key problems to be investigated.

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