Project Duration Planning on spending per month Project Budget (BAC) Percent complete per months Performance Analysis % Complete Planned Value (PV) Actual Cost (AC) Earned Value (EV) Schedule Variance (SV) Schedule Performance Index (SP) Cost Variance (CV) Cost Performance Index (CP) Estimate at Completion (EAC) Estimate to Complete (ETC) Variance at Completion (VAC) 5 months $300,000.00 $1,500,000.00 20% 20% of work completed Month 1 15% of work completed Spent additional $110,000 Month 2 Instructions: Utilizing the EVM cheat sheet provided by the instructor, complete the calculations i formules and functions to attain your answers. Please do not simply plug in numbers. This exerci ability to use Excel. Finally, answer the questions below to explain your answers. Question 1: What do your SV numbers tell you about the project schedule and how? Answer 1: Question 2: What do your SP numbers tell you about the project schedule and how? Answer 2
Project Duration Planning on spending per month Project Budget (BAC) Percent complete per months Performance Analysis % Complete Planned Value (PV) Actual Cost (AC) Earned Value (EV) Schedule Variance (SV) Schedule Performance Index (SP) Cost Variance (CV) Cost Performance Index (CP) Estimate at Completion (EAC) Estimate to Complete (ETC) Variance at Completion (VAC) 5 months $300,000.00 $1,500,000.00 20% 20% of work completed Month 1 15% of work completed Spent additional $110,000 Month 2 Instructions: Utilizing the EVM cheat sheet provided by the instructor, complete the calculations i formules and functions to attain your answers. Please do not simply plug in numbers. This exerci ability to use Excel. Finally, answer the questions below to explain your answers. Question 1: What do your SV numbers tell you about the project schedule and how? Answer 1: Question 2: What do your SP numbers tell you about the project schedule and how? Answer 2
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...
Related questions
Question
![Project Duration=
Planning on spending per month
Project Budget (BAC)
Percent complete per month
Performance Analysis
% Complete
Planned Value (PV)
Actual Cost (AC)
Earned Value (EV)
Schedule Variance (SV)
Schedule Performance Index (SPI)
Cost Variance (CV)
Cost Performance Index (CPI)
Estimate at Completion (EAC)
Estimate to Complete (ETC)
Variance at Completion (VAC)
5 months
$300,000.00
$1,500,000.00
Month 1
20%
20% of work completed
15% of work completed
Spent additional $110,000
Month 2
Instructions: Utilizing the EVM cheat sheet provided by the instructor, complete the calculations i
formulas and functions to attain your answers. Please do not simply plug in numbers. This exerci
ability to use Excel. Finally, answer the questions below to explain your answers.
Question 1: What do your SV numbers tell you about the project schedule and how?
Answer 1:
Question 2: What do your SPI numbers tell you about the project schedule and how?
Answer 2:](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9b52ec0e-1718-4a1e-8f5b-618ac05e1ee0%2Fc40cca31-c048-43f9-b635-771af4f9c2b0%2Feb7mtlk_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Project Duration=
Planning on spending per month
Project Budget (BAC)
Percent complete per month
Performance Analysis
% Complete
Planned Value (PV)
Actual Cost (AC)
Earned Value (EV)
Schedule Variance (SV)
Schedule Performance Index (SPI)
Cost Variance (CV)
Cost Performance Index (CPI)
Estimate at Completion (EAC)
Estimate to Complete (ETC)
Variance at Completion (VAC)
5 months
$300,000.00
$1,500,000.00
Month 1
20%
20% of work completed
15% of work completed
Spent additional $110,000
Month 2
Instructions: Utilizing the EVM cheat sheet provided by the instructor, complete the calculations i
formulas and functions to attain your answers. Please do not simply plug in numbers. This exerci
ability to use Excel. Finally, answer the questions below to explain your answers.
Question 1: What do your SV numbers tell you about the project schedule and how?
Answer 1:
Question 2: What do your SPI numbers tell you about the project schedule and how?
Answer 2:
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