Suppose you have a project with a Budget at Completion (BAC) of $250,000 and a projected length of 10 months. After tracking the project for six months, you have collected the information in the table below. a. Complete the table. How do Earned Value SPI (based on $) and Earned Schedule SPI differ? b. Calculate the schedule variances for the project for both Earned Value and Earned Schedule. How do the values differ?
Suppose you have a project with a Budget at Completion (BAC) of $250,000 and a projected length of 10 months. After tracking the project for six months, you have collected the information in the table below. a. Complete the table. How do Earned Value SPI (based on $) and Earned Schedule SPI differ? b. Calculate the schedule variances for the project for both Earned Value and Earned Schedule. How do the values differ?
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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Suppose you have a project with a Budget at Completion (BAC) of $250,000 and a projected length of 10 months. After tracking the project for six months, you have collected the information in the table below. a. Complete the table. How do Earned Value SPI (based on $) and Earned Schedule SPI differ? b. Calculate the schedule variances for the project for both Earned Value and Earned Schedule. How do the values differ?
![Jan
Feb
Mar
Apr
Мay
Jun
PV ($)
25,000
40,000
70,000
110,000
150,000
180,000
EV ($)
20,000
32,000
60,000
95,000
123,000
151,000
SV ($)
-5,000
SPI ($)
0.80
ES (mo.)
0.80
SV (t)
SPI (t)
-.20
0.80](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2c9a585c-fc40-4f26-9584-ce62e9465518%2F64d97101-a908-42cb-9a45-752f556226db%2F57yes8m_processed.png&w=3840&q=75)
Transcribed Image Text:Jan
Feb
Mar
Apr
Мay
Jun
PV ($)
25,000
40,000
70,000
110,000
150,000
180,000
EV ($)
20,000
32,000
60,000
95,000
123,000
151,000
SV ($)
-5,000
SPI ($)
0.80
ES (mo.)
0.80
SV (t)
SPI (t)
-.20
0.80
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