A given task was estimated to cost $15,750 to complete. Currently, the project team has completed approximately 65% of the task, and have spent $10,500. a. Determine the indices: AC, PV, and EV b. Derive the values for cost and schedule variances, as well as cost performance and schedule performance indices. Is this project ahead or behind on schedule, and is it ahead or behind on budget?
A given task was estimated to cost $15,750 to complete. Currently, the project team has completed approximately 65% of the task, and have spent $10,500. a. Determine the indices: AC, PV, and EV b. Derive the values for cost and schedule variances, as well as cost performance and schedule performance indices. Is this project ahead or behind on schedule, and is it ahead or behind on budget?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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A given task was estimated to cost $15,750 to complete. Currently, the project team has completed approximately 65% of the task, and have spent $10,500. a. Determine the indices: AC, PV, and EV b. Derive the values for cost and
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