In a software project a task is scheduled to take 5 days to complete and each of the 5 days are equal. Each day of the 5-day task is scheduled to cost $100. At the end of the 5 days, you determine that only 3 days of the task are complete. A report tells you that he actual cost for the 5 days of effort but only 3 completed days of work was $400. Calculate the values in the following table using the given data of the project : The cost performance index The scheduled variance The schedule performance index At the current rate of progress, the task will complete at about (ETC) The estimated cost at completion (EAC)
In a software project a task is scheduled to take 5 days to complete and each of the 5 days are equal. Each day of the 5-day task is scheduled to cost $100. At the end of the 5 days, you determine that only 3 days of the task are complete. A report tells you that he actual cost for the 5 days of effort but only 3 completed days of work was $400. Calculate the values in the following table using the given data of the project : The cost performance index The scheduled variance The schedule performance index At the current rate of progress, the task will complete at about (ETC) The estimated cost at completion (EAC)
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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In a software project a task is scheduled to take 5 days to complete and each of the 5 days are equal. Each day of the 5-day task is scheduled to cost $100. At the end of the 5 days, you determine that only 3 days of the task are complete. A report tells you that he actual cost for the 5 days of effort but only 3 completed days of work was $400. Calculate the values in the following table using the given data of the project :
The cost performance index
The scheduled variance
The schedule performance index
At the current rate of progress, the task will complete at about (ETC)
The estimated cost at completion (EAC)
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