Project based on assigned and actual work

Assignment Help Project Management
Reference no: EM1343089

Evaluate Status of a Project Based on Assigned and Actual Work

Budgeted Work/Cost (PV)
Actual Cost to date (AC)
% work completed
Estimate to complete
Planned start & end dates - Start is Jan. 1, End is April 30
Actual start date - Feb. 1
Projected end date
Planned Resources Utilized - 30%
Actual Resources Utilized - 45%

With the Cost one calculates PV EV and AC.

What I do not understand is when I have dates and planned and actual resources, the formula concerning schedule and cost refers to the financial data but when there are only dates how does that calculation go?

Reference no: EM1343089

Questions Cloud

Assistance on project management : How would you proceed and what tools would you use - when was a time that a situation like this was handled successfully
Evaluate an effective subject line : Write the memo as to the supervisor and that actual research was performed needs to be made clear with specifics and details. Multiple paragraphs will be needed.
Show the cost and time methods : Cost and Time Methods - As a project manager, show the cost and time methods you would chose to work with and why you believe these are the best.
Evaluate vendors proposals for a project : Prepare a project plan that covers all project groups and knowledge areas and develop project plans that integrate project procurement and contracting activities across project groups.
Project based on assigned and actual work : Evaluate status of a Project Based on Assigned and Actual Work - the formula concerning schedule and cost refers to the financial data but when there are only dates how does that calculation go?
Describe qualitative and quantitative risk analysis : Compose project plan and sub-plans that establish how various organizational elements will work and interface to include problem resolution processes.
Important characteristics of high-performaning teams : Explain what are the four most important characteristics of high-performaning teams for project and why are each so critical?
Project management - closeout checklist : Prepare a closeout checklist for a project including details on what steps you need to take to close the project and your communication methods in doing so.
Show the change management in a project : Change Management in a Project - Explain the concept of the change management process within a project

Reviews

Write a Review

Project Management Questions & Answers

  Various project managers to coordinate across schedules

What suggestions can you give the various project managers to coordinate across schedules better?

  Making short-term pricing decision

What additional costs must be taken into account when making a short-term pricing decision where surplus capacity is not available, and overtime, additional shifts, or other means must be used to expand capacity?

  Minimum yearly cash inflow of company with project

If Etsitty requires a 14% return on its investment, what minimum yearly cash inflow will be necessary for the company to go forward with this project?

  Determining total cost of the proposed job

Determine the total cost of the proposed job. Determine the company's bid if the bid is based upon full manufacturing cost plus 30 percent.

  Definition of a project using weekly reading or pmi pmbok

What constitutes a "project"? Based on the weekly reading or PMI PMBOK, what is the definition of a project?

  Question in project management overview

Identify the types of professional environments where you would expect to find project management techniques being used. Choose one environment you are familiar with and describe how a project manager has led effectively.

  Initiating periodic upgrades based on current trends

The sales manager is always focusing on how to improve customer service. Initiate periodic upgrades based on current trends.

  Pros and cons of marketing idea from financial perspective

In your discussion, describe the pros and cons of this marketing idea proposed by the company from the both a financial and nonfinancial perspective.

  Define the term product

Using a relevant product within the hospitality or tourism sector answer the three following questions. Define the term product. Describe the four main product levels that applies to your chosen product.

  Constraining factor in semiconductor division

What is the constraining factor in the Semiconductor Division?

  Disaster recovery plan - project manager

Plan for, and what modified internal organizational structure do you recommend to take place at the time of emergency or any disaster mishap?

  Rationale behind time and cost estimation methods

Explain the rationale behind time and cost estimation methods and why you would chose one method over another.

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