Social Studies, 15.10.2019 07:30, Solany6426

Anegative schedule variance means that it took lesser than planned to perform the work

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Business, 27.06.2019 04:10, avision42

Given the following information for a one-year project, answer the following questions. • planned value (pv) = $30,000 • earned value (ev) = $27,000 • actual cost (ac) = $25,000 • budget at completion (bac) = $150,000 1. what is the cost variance, schedule variance, cost performance index, and schedule performance index for the project? 2. is the project ahead of schedule or behind schedule? 3. is the project under budget or over budget? 4. use the cost performance index to calculate the estimate at completion (eac) for this project. is the project performing better or worse than planned? 5. use the schedule performance index to estimate how long it will take to finish this project.

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Business, 06.07.2019 02:10, rebeccamckellpidge

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 = $23,000ev = $20,000ac = $25,000bac = $120,000a. what is the cost variance, schedule variance, cost performance index (cpi), and schedule performance index (spi) for the project? cost variance is calculated as ev-ac and indicates the difference between the budgeted cost and the actual cost of completed work.cost variance = ev-ac = $20,000 – $25,000 = - $ 5,000schedule variance is calculated as ev-pv and indicates the degree to which the value of completed work differs from that planned.schedule variance = ev-pv = $20,000 - $23,000 = -$ 3,000cost performance index (cpi) = ev/ac = 20,000/25,000 = 0.8 or 80%schedule performance index = ev/pv = 20,000 / 23,000 = 0.87 or 87%b. how is the project doing? is it ahead or schedule or behind schedule? is it under budget or over budget? the project is not doing well. because the cost variance and schedule variance are negative. a negative schedule variance means the project is behind schedule and a negative cost variance means the project is over cost.c. use the cpi to calculate the estimate at completion (eac) for this project. is the project performing better or worse than planned? eac = bac/cpi = $ 120,000/.8 = $ 150,000the project is performing worse than planned because the new estimate is $150,000 which is $30,000 more than initial estimate.d. use the schedule performance index (spi) to estimate how long it will take to finish this project.estimated time to complete = time estimate / spi = 12 months / .87 = 13.8the project is projected to take 13.8 months to complete so it is estimated that it will take 1.8 months more than planned.e. sketch the earned value chart based for this project (this is what i need )

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Business, 21.07.2019 22:00, mathman783

Anegative cost variance combined with a negative schedule variance is an indicator of

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