Compute the schedule variance and cost performance index, Operation Management

Assignment Help:

A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be running very low. A major milestone has been reached where the first two activities have been totally completed and the third activity is 63% complete. The planners were only expecting to be 52% through the third activity at this time. The first activity involves prepping the site for the bridge. It was expected that this would cost $1,422,000 and it was done for only $1,302,000. The second activity was the pouring of concrete for the bridge. This was expected to cost $10,502,000 but was actually done for $9,002,000. The third and final activity is the actual construction of the bridge superstructure. This was expected to cost a total of $8,502,000. To date they have spent $5,002,000 on the superstructure.

Calculate the schedule variance, schedule performance index, and cost performance index for the project to date. (Round your "performance index" values to 3 decimal places.)


Related Discussions:- Compute the schedule variance and cost performance index

Calculate the economic order quantity, The Managing Director of Beauty Soap...

The Managing Director of Beauty Soaps Ltd just visited a soap manufacturing firm in Malaysia and he was immensely impressed by its raw materials stock management System. He wanted

Use cases, A case study presents an account of what happened to an organisa...

A case study presents an account of what happened to an organisation or business over a period of time. It chronicles the events that occurred within that organisation and which th

Turnround at the preston plant, what are the most significant events in the...

what are the most significant events in the story of how the plant survived because of its adoption of quality based principles

Case Study, Bloomsday Outfitters produces T-shirts for road races. They nee...

Bloomsday Outfitters produces T-shirts for road races. They need to acquire some new stamping machines to produce 30,000 good T-shirts per month. Their plant operates 200 hours per

Explain how is job analysis performed in a company, 1. Compensation systems...

1. Compensation systems vary from company to company, but tend to be similar in design and overall cost within a specific industry. Why would you think this is so? 2. Why is a well

Explain health care compensation practices, Health Care Compensation Practi...

Health Care Compensation Practices Please respond to the following- • Analyze the pros and cons of the different health care compensation approaches and philosophies and determi

Explain did jeanne do a good job of communicating, Did Jeanne do a good job...

Did Jeanne do a good job of communicating with her manager?

Explain purchasing process, Again, another point I would like to add are th...

Again, another point I would like to add are the ratings given to each game. During the purchasing process, CanGo has the ability to ask for I.D information to verify age. Sales mi

Types of dispatching, Types of Dispatching Dispatching may be centralize...

Types of Dispatching Dispatching may be centralized or decentralized. Centralized dispatching refers to the instructions issued from the central dispatching section directly

Write Your Message!

Captcha
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