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Evaluate Status of a Project Based on Assigned and Actual Work
Budgeted Work/Cost (PV)Actual Cost to date (AC)% work completedEstimate to completePlanned start & end dates - Start is Jan. 1, End is April 30Actual start date - Feb. 1Projected end datePlanned 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?
What suggestions can you give the various project managers to coordinate across schedules better?
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?
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?
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.
What constitutes a "project"? Based on the weekly reading or PMI PMBOK, what is the definition of a project?
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.
The sales manager is always focusing on how to improve customer service. Initiate periodic upgrades based on current trends.
In your discussion, describe the pros and cons of this marketing idea proposed by the company from the both a financial and nonfinancial perspective.
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.
What is the constraining factor in the Semiconductor Division?
Plan for, and what modified internal organizational structure do you recommend to take place at the time of emergency or any disaster mishap?
Explain the rationale behind time and cost estimation methods and why you would chose one method over another.
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