Calculate the schedule and cost variances for each subtasks

Assignment Help Accounting Basics

Reference no: EM132376755

Cost Management & Control

Question 1

• BCWS (PV) = $1000
• BCWP (EV) = $800
• ACWP (AC) = $700
• What is the status of the project?

Question 2
• A project is scheduled to spend $100K for each of the first four weeks of the project. The actual expenditures at the end of week four are $ 325K. What would be the status of the project if the budgeted cost of the performed work is
$300K.

Question 3

Question 4

Question 5

Question 6

Question 7

In month 9 the following project information is available: actual cost is $2,000, earned value is $2,100, and planned cost is $2,400. Compute the SV and CV for the project, and comment on project performance.

Question 8
On day 51 a project has an earned value of $600, an actual cost of $650, and a planned cost of $560. Compute the SV, CV, and CPI and SPI for the project. What is your assessment of the project on day 51?

Question 9
For the subtasks shown in the table below
a. Calculate the schedule and cost variances for each subtasks
b. Calculate the estimate at completion (EAC)

Task	Status	BCWS	BCWP	ACWP	SV	CV
1	Completed	100	100	100
2	Completed	50	50	55
3	Completed	50	50	40
4	Not Started	70	0	0
5	Completed	90	90	140
6	Not Started	40	0	0
7	Started	50	50	25
8	Not Started	0	0	0
Total		450	340	360

Question 10
• The data identified below was listed in a project's latest status report:
- BCWS= $36,000
- BCWP= $30,000
- ACWP= $33,000
- BAC= $120,000
• Original length of the project = 10 months Using these data answer the following:
a. What are the values for CPI and SPI
b. What is the Expected cost at Completion (EAC)?
c. How much money will be needed from time of the report to complete the project?
d. What is the cost variance at completion (VAC)?
e. Using SPI, what is the new expected length of project?

Reference no: EM132376755

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