The scope of a backyard renovation project

Assignment Help Finance Basics
Reference no: EM13833805

Project Exercise A – 

From the data shown below, calculate the earned value of each control account as of 5/30/14. Assume all control account work is on schedule except as noted below.

Control Account

Scheduled Start

Scheduled Completion

Budgeted Value

EV Progress Rule

1

3/3/2014

6/30/2014

10,000

Percent Complete with Gates (Note 1)

2

5/5/2014

6/6/2014

3,000

Fixed Formula: 50/50

3

5/26/2014

6/6/2014

1,000

Fixed Formula: 0/100

4

5/12/2014

5/30/2014

2,000

Fixed Formula: 30/70

5

4/14/2014

7/11/2014

15,000

Weighted Milestones (Note 2)

 

Note (1):Five equally-valued gates have been established in this control account. Two of the five gates are complete as of 5/30/14.The Control Account Manager estimates that half of the work required for the third gate has also been completed.

Note 2: Six milestones have been established in this control account with the following values: (1) milestone 1 – 20%; milestone 2- 15%; milestone 3 – 10%; milestone 4 – 25%; milestone 5 - 15%; milestone 6 – 15%. Three of the milestones are complete as of 5/30/14.

Project Exercise B – 

The scope of a backyard renovation project includes an outdoor living area, lawn and garden areas, privacy considerations, and utilities and services to support outdoor activities. The outdoor living area includes a paver patio, weather protection, an outdoor kitchen, and an eating/lounging area. The proposed WBS for the project is shown below. The WBS is decomposed to the work package level. The top level WBS (numbered 0) is the total project. Complete the WBS numbering system without modifying the WBS structure.

WBS No.

Descriptor

0

Backyard Renovation

1

Preparations

 

Obtain building permits

 

Locate/mark underground utilities cable/pipes

 

Utilities/Services

 

Entertainment Lighting and Outdoor Electrical Service System

 

Select/purchase entertainment lighting and outdoor electrical service system components

 

Locate/install entertainment lighting system components

 

Interface entertainment lighting system with electrical panel

 

Test entertainment lighting system

 

Locate/install outdoor electrical service system wiring

 

Interface outdoor electrical service system with electrical panel

 

Test electrical service system

 

Landscape Lighting System

 

Select/purchase landscape lighting system components

 

Locate/install landscape lighting system components

 

Interface landscape lighting system components with outdoor electrical service system

 

Cooking Gas System

 

Select/purchase cooking gas system components

 

Install gas line and shutoff valve for cooking equipment

 

Interface with gas source and test connection

 

Irrigation System

 

Select/purchase irrigation system components

 

Locate/install irrigation system components

 

Interface with water source and test connection

 

Outdoor Living Area

 

Paver patio

 

Select/purchase patio construction material

 

Stakeout and prepare area for new patio

 

Install new paver patio

 

Weather Protection

 

Select/purchase patio cover

 

Install patio cover

 

Outdoor Kitchen

 

Cooking Area

 

Locate and install cooking equipment

 

Interface cooking equipment with cooking gas service and test connection

 

Test cooking equipment

 

Preparation Area

 

Locate and install cabinets and countertops

 

Locate/install cabinet electrical receptacles

 

Interface receptacles with outdoor electrical service system wiring - test connection

 

Eating/Lounging Area

 

Purchase patio furniture

 

Assemble/install patio furniture

 

Lawn/Garden Areas

 

Planting Beds

 

Layout and prepare planting beds

 

Install trees/plants

 

Mulch planting beds

 

Lawn

 

Prepare lawn areas

 

Install sod

 

Privacy

 

Select/purchase fencing material

 

Install fencing

 

 

Reference no: EM13833805

Questions Cloud

Conduct a research based on an actual organisation : This assignment requires you to conduct research based on an actual organisation to which you have access. Your aim is to find out about HR strategies in one or both topics below that the organisation.
Determine the optimal c ourse of action : It is estimated that such a programme will cost $7m and that the probability of flu striking in the next year is 0.75 - With the aid of a decision tree, determine, quantitatively, the optimal c ourse of action the committee should take.
Relationship between the volume of water and dripping time : relationship between the volume of water and dripping time
Options to secure the domain name for your company : Assume you are the vice-president in charge of a new business-to-business e-commerce division of a well-known major international auto parts manufacturer: A) A cyber squatter has registered the company name as a domain Web name. What are your options..
The scope of a backyard renovation project : The scope of a backyard renovation project includes an outdoor living area, lawn and garden areas, privacy considerations, and utilities and services to support outdoor activities. The outdoor living area includes a paver patio, weather protection, a..
Create a database and import the four text files into tables : Create a Database and import the four (4) Text files into four (4) Tables. Import the four sets of data from your firm's Intranet (CIS5100 Study Desk).
Test overall significance of the estimators testing : Test overall significance of the estimators testing null hypothesis that R&D intensity does not change with all regressors, against the alternative it does change with the regressors.,
How use market research to help differentiate their brands : Discussion board will focus on how use market research to help differentiate their brands. Read an article from the Forrester Blog to gain a deeper understanding of market research and how it is being used to guide today's businesses
Which of the following statements about offers is true : Which of the following statements about shrinkwrap contracts is true? A) The label on the shrinkwrap states that by removing the shrinkwrap, the buyer accepts the terms of the software seller's licensing agreement B) Critics point out that all the co..

Reviews

Write a Review

Finance Basics Questions & Answers

  How many of the old shares must be given up

How many of the old shares must be given up for one new share to achieve the $25 price, assuming this transaction has no effect on total market value?

  Khc is considering an investment project that requires a

khc is considering an investment project that requires a new machine for producing special tools. this new machine

  A firm has a profit margin of 55 and an equity multiplier

a firm has a profit margin of 5.5 and an equity multiplier of 2.4. its sales are 140 million and it has total assets

  Explain why the valuation models for a perpetual bond

explain factors that make the valuation of common stocks more complicated than the valuation of bonds and preferred

  Major trends in international business

How is international financial management different from domestic financial management and discuss the major trends that have prevailed in international business during the last two decades

  Klottier amp walson inc plans to upgrade 1 of the pieces of

klottier amp walson inc. plans to upgrade 1 of the pieces of equipment in its factory.the current equipment has been

  What is the coupon rate

Kaiser Industries has bonds on the market making annual payments, with 14 years to maturity, and selling for $1,382.01. At this price, the bonds yield 7.5 percent. What is the coupon rate?

  The companys net cash flow ncf for 2007 was 150000 on the

a security analyst obtained the following information from prestopino products financial statements - retained

  Mention three key financial statements and identify the

1. list three key financial statements and identify the kinds of information they provide to corporate managers

  What is the exercise value of the call option

A call option on the stock of Bedrock Bolders has a market price of $7. the stock sells for $30 a share, and the option has a strike price of $25 a share. What is the exercise value of the call option? What is the option's time value?

  Calculating compound interest to find balance in account

Use the appropriate compound interest formula to compare the balance in the account after the stated period of time.

  Journal entries-bond issuance and premium amortization

Celine Dion Company issued $600,000 of 10% 20-year bonds on January 1, 2008, at 102. Prepare the journal entries to record the following.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd