WBS Element Planned Value (PV) Earned Value (EV) Actual Cost (AC) 2.01 Airframe 48000 48000 50000 2.02 Engines 22000 21000 23000 2.03 Avionics 80000 60000 45000 2.04 Communications 30000 30000 30000 2.05 Tech. Manuals 42000 42000 48000 2.06 Spares 40000 35000 42000 2.07 Training 80000 80000 86000 Project Total 342000 316000 324000 Figure 14.1 Drug Surveillance Aircraft Project - Monthly Performance Report (October 31, 20XX) Consider the project performance report presented in figure 14.1. As a project manager, these results should lead you to... Select one: a. notify the project owner that you will not require all of the funding currently budgeted for this project. b. take actions to understand and remedy the schedule performance on the active training work packages. c. take actions to understand and resolve budgetary overruns on the active communications work packages. d. take actions to understand and remedy the schedule performance on the active avionics work packages.
WBS Element Planned Value (PV) Earned Value (EV) Actual Cost (AC) 2.01 Airframe 48000 48000 50000 2.02 Engines 22000 21000 23000 2.03 Avionics 80000 60000 45000 2.04 Communications 30000 30000 30000 2.05 Tech. Manuals 42000 42000 48000 2.06 Spares 40000 35000 42000 2.07 Training 80000 80000 86000 Project Total 342000 316000 324000 Figure 14.1 Drug Surveillance Aircraft Project - Monthly Performance Report (October 31, 20XX) Consider the project performance report presented in figure 14.1. As a project manager, these results should lead you to... Select one: a. notify the project owner that you will not require all of the funding currently budgeted for this project. b. take actions to understand and remedy the schedule performance on the active training work packages. c. take actions to understand and resolve budgetary overruns on the active communications work packages. d. take actions to understand and remedy the schedule performance on the active avionics work packages.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
100%
WBS Element
|
Planned Value
(PV) |
Earned Value
(EV) |
Actual Cost
(AC) |
2.01 Airframe |
48000
|
48000
|
50000
|
2.02 Engines |
22000
|
21000
|
23000
|
2.03 Avionics |
80000
|
60000
|
45000
|
2.04 Communications |
30000
|
30000
|
30000
|
2.05 Tech. Manuals |
42000
|
42000
|
48000
|
2.06 Spares |
40000
|
35000
|
42000
|
2.07 Training |
80000
|
80000
|
86000
|
Project Total |
342000
|
316000
|
324000
|
Figure 14.1 Drug Surveillance Aircraft Project - Monthly Performance Report
(October 31, 20XX)
(October 31, 20XX)
Consider the project performance report presented in figure 14.1. As a project manager, these results should lead you to...
Select one:
a. notify the project owner that you will not require all of the funding currently budgeted for this project.
b. take actions to understand and remedy the schedule performance on the active training work packages.
c. take actions to understand and resolve budgetary overruns on the active communications work packages.
d. take actions to understand and remedy the schedule performance on the active avionics work packages.
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