The CPI of a project indicates that only 70 cents is being earned for every dollar incurred in cost. If you have burned through 35% of the project’s $10,000 budget, what is the Cost Variance? $3,500 $2,450 -$2,450 -$1,050
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The CPI of a project indicates that only 70 cents is being earned for every dollar incurred in cost. If you have burned through 35% of the project’s $10,000 budget, what is the Cost Variance?
$3,500 |
||
$2,450 |
||
-$2,450 |
||
-$1,050 |
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- A project costs $360,000 initially and will generate project cash flows of $50,000 every year for 8 years. The required return for the project is 9%. What is the NPV of the project (in $)? p+ decimals SubmitAn entertainment manager has to organize a concert and is offered the options of doing it outdoors or in a covered pavilion. The benefits will depend on the attendance of the public and this in turn on the weather, which can be rainy, cloudy or sunny. The expected results if you organize it outdoors are 10,000, 50,000 and 65,000 euros if the weather is rainy, cloudy or wave respectively. If the concert is held in a covered pavilion, the results would be 45,000, 40,000 and 35,000 euros for each climatic state. It asks: a) Configure the decision matrix. b) What decision should the employer make if he knows exactly that he will rain that day? c) What decision should the employer make if the Institute of Meteorology confirms that there is a probability of rain of 15% and of clouds of 30%? d) What decision will the employer make in an environment of uncertainty applying all the criteria you know and knowing that the optimism coefficient is 40%?Your vice president asked you what the Estimate at Completion (EAC) will be for a small project you are working on. You were given a budget of S50,000, and to date you have spent $40,000 but only completed $30,000 worth of work. You are sure the future work will be accomplished at the planned rate. What is the EAC ?
- The DPCI score for size would be 4 in which of the following situations? The project manager and team members have done many similar size projects before. The project size is at the high or low end of the range of project sizes that the organization or team members have done before. The project size is about 50 percent higher or lower than projects the organization or most of the team members have done before. The project size is about 20 percent higher or lower than projects the organization or some of the team members have done before. Neither the organization nor the team members are experienced working on a project this size.A company is considering either (1) purchasing equipment for use on a new project (purchase cost = $5,000; purchase variable cost = $50 per day) or (2) leasing this equipment from a vendor at a rate of $100 per day. An initial analysis determined that the “purchase” option break-even point is 100 days. Based on this analysis, the company should Lease the equipment if the expected project is expected to last more than 100 days Purchase the equipment if the expected project is expected to last less than 100 days Purchase the equipment if the expected project is expected to last more than 100 days No answer text provided.You are managing a software project with an initial budget estimate of 5 million USD. During interim cost and schedule performance analysis, you figured out that: You should have spent $650,000 till now based on your initial plans and 1,500 man/days of schedule activities You spent $425,000 till now and completed 600 man/days of schedule activities which should have cost $525,000 based on your initial plans. You re-estimated the budget required for the remaining work to be done as $4,500,000. Identify: BAC PV AC EV ETC Calculate: CPI SPI CV SV VAC EAC TCPI
- You are the project manager for a railroad construction project. Your sponsor has asked you for a forecast for the cost of project completion. The project has a total budget of $80,000 and CPI of .95. The project has spent $25,000 of its budget so far. How much more money do you plan to spend on the project? A. $80000 B. $84,210 C. $59,210 D. $109,210A project has a PV at status of $55000 at the status date and a BAC of $180000 at the end of the project. the project schedule is 14 months and at the status date AC is equal to 121000 and EV has been calculated to be 31000. project sponsor wants to know what the VACdur forecast is in months if a new eac$ is used for revised funding? sponsor assuming the project will continue the way it is currently going.You are managing a software project with an initial budget estimate of 5 million USD. During interim cost and schedule performance analysis, you figured out that: You should have spent $650,000 till now based on your initial plans and 1,500 man/days of scheduled activities You spent $425,000 till now and completed 600 man/days of scheduled activities which should have cost $525,000 based on your initial plans. You re-estimated the budget required for the remaining work to be done as $4,500,000. Identify: BAC PV AC EV ETC Calculate: CPI SPI CV SV VAC EAC TCPI Once you've calculated this, what does it mean for your project and your stakeholders? Note: You won't be able to view anyone else's response until you've posted yours. Also, feel free to use Google, if needed to help give you further clarity on the formulas being used. Be sure to submit an initial, substantive post by Friday at 11:59 p.m. CST.
- What is the minimum cost of crashing the following project that Roger Solano manages at Slippery Rock University by 4 days? Normal Crash Activity Time (days) Time (days) A BUDI The total cost of crashing the project by 4 days is $ C E 68458 5 6335 Activity BCDE Normal Cost By how many days should each activity be crashed to reduce the project completion time by 4 days? Fill in the table below. (Enter your responses as whole numbers.) с $900 $300 $500 $900 $1,000 Total Cost with Crashing Immediate Predecessor(s) $1,000 $400 $600 $1,200 $1,600 (Enter your response as a whole number.) Each Activity Should be Reduced BY (days) | | | < 0A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy editing, typesetting, and so on) at $58,000, and variable costs (printing, paper, binding, shipping) at $2.50 for each book produced. If the book is sold to distributors for $18 each, how many must be produced and sold for the publisher to break even?Create a weighted scoring model to determine grades for a course. Final grades are based on three exams worth 20 percent, 15 percent, and 25 percent, respectively; homework is worth 15 percent; and a group project is worth 25 percent. Enter scores for three students. Assume that Student 1 earns 90 percent (or 90) on every item. Assume that Student 2 earns 70 percent on each of the exams, 80 percent on the homework, and 95 percent on the group project. Assume that Student 3 earns 90 percent on Exam 1, 80 percent on Exam 2, 75 percent on Exam 3, 80 percent on the homework, and 70 percent on the group project.
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