User Account

All Pages

What is the cost variance, schedule variance and cpi

Assignment Help Basic Statistics
Reference no: EM13946057

Given the information below for a one year project please help with the questions that follows:

PV is Planned Value
EV is Earned value
AC is actual cost
BAC is budget at Completion

PV = $23,000
EV = $20,000
AC = $25,000
BAC = $120,000

a. What is the cost variance, schedule variance and cost performance index (CPI), and schedule performance index (SPI) for the project?

b. How is the project doing? Is it ahead of schedule or behind schedule? It is under budget or over budget?

c. Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project performing better or worse than planned?

d. Use the schedule performance index (SPI) to estimate how long it will take to finish the project.

Reference no: EM13946057

Questions Cloud

Detailed description of a business situation : Your description of a business situation that presents a legal and ethical issue is clear and concise. You thoroughly addressed why your business situation is important for study using exceptional supporting ideas.
Consider the air cooling system and conditions : Consider conditions for which there is a uniform heat transfer rate per unit length, qi'= 1.25 X 105 W/m, from the exhaust gases to the pipe inner surface, while air flows through the annular passage at a rate of  m· a = 2.1 kg/s.
What is the optimal number of warehouses for the firm : Suppose that the current market size is 250,000 customers, spread out over an area of 600 square miles. What is the optimal number of warehouses for the firm to operate?
What is the inner tube sur- face temperature : If the inner tube wall is heated electrically at a rate (per unit length) of q'= 4000 W/m, while the outer tube wall is insulated, how long must the tubes be for the water to achieve an outlet temperature of 85°C? What is the inner tube sur- f..
What is the cost variance, schedule variance and cpi : Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project performing better or worse than planned?
Analyze the above statement in the context of singapore : Critically examine the above statement. Enumerate the general powers of Regulators and courts of law citing recent cases where action has been taken against firms in Singapore and elsewhere.
What financing strategy would you recommend for boeing : Boeing Commercial Airplane Co. manufactures all its planes in the United States and prices them in dollars, even the 50% of its sales destined for overseas markets. What financing strategy would you recommend for Boeing? What data do you need?
What are rac audits : Prepare a 2-3 page paper to include the following: What are RAC Audits? Do you feel that they have been successful? Look at specific information for your state (depends on which region you are in)
Reference list at the end of the article with citations : Carefully read this document (Professional Paper Worksheet Guidelines), including the Rubric. 2. From Doc Sharing, download the Professional Paper Worksheet Template. Rename that document as Your Last Name Professional Paper Worksheet.docx. Save i..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Hypothesis testing-trucking firm

A trucking firm suspects that the mean lifetime of a certain tire uses is less than 35,000miles. To check the claim the firm randomly selects and tests 54 of these tires and gets a mean life time of 34,570

  Confidence interval for the lifetime of the african fish

The lifetime of African Cichlids is unknown but the sample of 75 cichlids were taken and its mean life time was 5.2 years with a margin error of 420 days for 95% confidence a) What is the 95% confidence interval for the lifetime of the African fish..

  An educator wants to determine whether early exposure to

an educator wants to determine whether early exposure to school will affect iq. he enlists the aid of the parents of 12

  Find the probability that students took statistics

10.3% of students in statistics actually take the course because they want to. If two students are selected at random, find the probability that both took statistics because they wanted to.

  On average a textbook author makes two word processing

on average a textbook author makes two word processing errors per page on the first draft of her textbook. what is the

  Develop a hypothesis test that can be used to determine

annual per capita consumption of milk is 21.6 gallons statistical abstract of the united states 2006. being from the

  Probability regarding reading news online

20% of teenagers in a small town say they like reading news online. Suppose you randomly select 7 teenagers from the town and ask them whether or not they enjoy reading news online. Find the probability that at least 3 say they enjoy reading news ..

  Suppose that the checkout time at a grocery store has a

suppose that the checkout time at a grocery store has a mean of 5 minutes and standard deviation of 2 minutes. estimate

  Find confidence interval for the mean score on each exam

Find the 95 percent confidence interval for the mean score on each exam. Do the confidence intervals overlap? If so, what does this suggest?

  Solve the initial value problem

Solve the initial value problem y' = 2y + 3, y(0) = 2. The population p(t) of the South American Agouti satisfied the population law dp/dt = 0.05p - 450, where the factor 0.05 reflects the birth rate and the -450 is a constant harvest rate due to ..

  Confidence interval for standard deviation of birth weights

What is the 95% confidence interval for the standard deviation of birth weights at County General Hospital, if the standard deviation of the last 25 babies born there was 1.1 pounds.

  Probability for guesses randomly on all questions

Find the probability that he will answer all 10 questions correctly.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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