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The following bar chart shows the activities required to complete a project in one year. After six months on the job (July 1), the contractor concluded that 20% of Activity F was completed, 80% of Activity C was completed, and 40% of Activity B was completed (and Activities A, B, and D are also completed). The project has cost the contractor "to date" total of $53,500. Using the Earned Value method, determine the Earned Value, Planned Value, Schedule Variance and Cost Variance. State whether the project is over or under budget AND whether it is ahead of or behind schedule. JAN FEB MAR APRIL MAY JUN JUL AUGS A - $5000 F-$30000 B-$12000 D-$20000 C-$8000 G-$6000 E-$12000 H-$7000 J-$5000 NOV DEC K-$6000 Q Q Q

The following bar chart shows the activities required to complete a project in one year. After six months on the job (July 1), the contractor concluded that 20% of Activity F was completed, 80% of Activity C was completed, and 40% of Activity B was completed (and Activities A, B, and D are also completed). The project has cost the contractor "to date" total of $53,500. Using the Earned Value method, determine the Earned Value, Planned Value, Schedule Variance and Cost Variance. State whether the project is over or under budget AND whether it is ahead of or behind schedule. JAN FEB MAR APRIL MAY JUN JUL AUGS A - $5000 F-$30000 B-$12000 D-$20000 C-$8000 G-$6000 E-$12000 H-$7000 J-$5000 NOV DEC K-$6000 Q Q Q

Fundamentals Of Construction Estimating
Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter17: Elemental Estimating
Section: Chapter Questions
Problem 6RQ
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The following bar chart shows the activities required to complete a project in one year. After six months on the job (July 1), the contractor concluded that 20% of Activity F was completed, 80% of Activity C was completed, and 40% of Activity B was completed (and Activities A, B, and D are also completed). The project has cost the contractor "to date" total of $53,500. Using the Earned Value method, determine the Earned Value, Planned Value, Schedule Variance and Cost Variance. State whether the project is over or under budget AND whether it is ahead of or behind schedule. JAN FEB MAR APRIL MAY JUN JUL AUGS A - $5000 F-$30000 B-$12000 D-$20000 C-$8000 G-$6000 E-$12000 H-$7000 J-$5000 NOV DEC K-$6000 Q Q Q
Transcribed Image Text:The following bar chart shows the activities required to complete a project in one year. After six months on the job (July 1), the contractor concluded that 20% of Activity F was completed, 80% of Activity C was completed, and 40% of Activity B was completed (and Activities A, B, and D are also completed). The project has cost the contractor "to date" total of $53,500. Using the Earned Value method, determine the Earned Value, Planned Value, Schedule Variance and Cost Variance. State whether the project is over or under budget AND whether it is ahead of or behind schedule. JAN FEB MAR APRIL MAY JUN JUL AUGS A - $5000 F-$30000 B-$12000 D-$20000 C-$8000 G-$6000 E-$12000 H-$7000 J-$5000 NOV DEC K-$6000 Q Q Q
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