Calculate the schedule variance and schedule performance

Assignment Help Operation Management

Reference no: EM131922979

Your project to obtain charitable donations is now 30 days into a planned 40-day project. The project is divided into 3 activities. The first activity is designed to solicit individual donations.

It is scheduled to run the first 25 days of the project and to bring in $25,000. Even though we are 30 days into the project, we still see that we have only 90 percent of this activity complete.

The second activity relates to company donations and is scheduled to run for 30 days starting on day 5 and extending through day 35. We estimate that even though we should have (25/30) percent of this activity complete, it is actually only 50 percent complete.

This part of the project was scheduled to bring in $150,000 in donations. The final activity is for matching funds. This activity is scheduled to run the last 10 days of the project and has not started. It is scheduled to bring in an additional $50,000. So far $175,000 has actually been brought in on the project.

Calculate the schedule variance, schedule performance index, and cost (actually revenue in this case) variance and cost (actually revenue here) performance index. How is the project going?

Reference no: EM131922979

Questions Cloud

Determining the net ionic equation : Consider the net ionic equation: 3Ca+2 (aq) + 2PO4-3 (aq) ? Ca3(PO4)2 (s)

Calculate the sale price as a percentage of listed price : Sale person Martin is prEparing a listing presentation and is comparing three sales. House A, listed at $137,500, ultimately sold for $4,100 less.

Discuss what lessons contained in the article are important : You are the project manager for a project to demolish an existing library in your town and construct a new library in its place.

Correct number of significant figures : What volume (in mL) of 2.8 M HCl solution is required to titrate 1.250 g Ba(OH)2? Report the answer to the correct number of significant figures and do NOT

Calculate the schedule variance and schedule performance : Your project to obtain charitable donations is now 30 days into a planned 40-day project. The project is divided into 3 activities.

How much commission payable to saleperson : Salesperson Garcia with ABC reality Inc, is on a 70/30 split with the brokerage and salesperson Chan, Also with ABC reality INC, is on a 60/40 split.

Why most peoples marginal tax rate is higher than tax rate : Explain why most people's marginal tax rate is higher than their average tax rate. Is a system in which average tax rates are higher than marginal tax rates?

Identify several team-based tools used for causal analysis : Identify several team-based tools used for causal analysis and explain why and how it helps teams and the project manager.

Statement found on the assembly instructions : Consider the statement found on the assembly instructions for a piece of patio furniture: "The iron metal surface can be cleaned by soaking it in muriatic acid.

User Account

All Pages