What is the current earned value for construction

Assignment Help Operation Management
Reference no: EM131415711

JLB Construction has been contracted to provide a security enclosure for a Water Distribution facility for a major metropolitan area. The structure is in the shape of a pentagon and is a wall. One side of the wall contains a secure gate for exit and entry. Total project cost is estimated at 1 million dollars. The wall will be 10 feet tall with securing system on top of wall. Wall is 12 inches think with a foundation six feet deep. Gate area allows for the entry of all vehicles including construction vehicles. The cost to construct each side of the wall is essentially the same. Initial construction went pretty well – on schedule and with current spending at 700,000. Currently the Gate wall and two additional walls have been constructed. a. Calculate current values. b. What is the plan value (PV)? c. What is the current earned value (EV) for JLB Construction to date? d. What is the actual cost to data (AC)? What is the cost variance to date (CV)? e. Show all calculations.

Reference no: EM131415711

Questions Cloud

Demonstrate an understanding of existing technologies : Demonstrate an understanding of existing and emerging information technologies and strategic impact on organizational operations.Evaluate the issues and challenges associated with information technology integration.Evaluate the ethical concerns tha..
Governmental role in health care in the us resources : When economic difficulties occur, the government sometimes intervenes Consider, for example, governmental intervention related to airline strikes and pricing. In your opinion, at what point should the government intervene in the delivery of health..
Interpret the coefficients in the main effects model : Write the main effects model for E(y) as a function of the two qualitative variables.- Interpret the β coefficients in the main effects model.
How nike accounts for accrued liabilities : In terms of the basic accounting equation, explain how NIKE accounts for prepaid expenses. What is the dollar value of prepaid expenses on the 2009 and 2008 balance sheets?
What is the current earned value for construction : JLB Construction has been contracted to provide a security enclosure for a Water Distribution facility for a major metropolitan area. The structure is in the shape of a pentagon and is a wall. What is the current earned value (EV) for JLB Constructio..
Type of health care provided for all citizens : Besides Sweden, there are other countries throughout the world that have this type of health care provided for all citizens. Please share your thoughts with us on this subject
Format the chart using an appropriate chart layout : Open the data file Portlandia located in the Chapter 16\On Your Own folder. Save the workbook as Portlandia Skies. In the Documentation worksheet, enter your name in cell B3 and the date in cell B4. Format the chart using an appropriate chart layout ..
How many models are fit at step 1 of the stepwise regression : How many models are fit at Step 1 of the stepwise regression?- How many models are fit at Step 2 of the stepwise regression?
Evaluate the company''s financial performance and condition : Evaluate the company's financial performance and condition.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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