You are developing a performance progress report for a project you are managing. The following time-phased budget was developed earlier in the planning stage and is being used as the standard against which the project performance is measured. Work Packages A B C Total W1 4 W2 8 8 W3 2 2 W4 5 5 WS 9 9 W6 6 6 You are analyzing the project performance at the end of Week 5. Activity "C" is 80% complete and its actual cost is 15. What is the schedule variance of this activity? Use two decimal places in your calculations.
You are developing a performance progress report for a project you are managing. The following time-phased budget was developed earlier in the planning stage and is being used as the standard against which the project performance is measured. Work Packages A B C Total W1 4 W2 8 8 W3 2 2 W4 5 5 WS 9 9 W6 6 6 You are analyzing the project performance at the end of Week 5. Activity "C" is 80% complete and its actual cost is 15. What is the schedule variance of this activity? Use two decimal places in your calculations.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
![You are developing a performance progress report for a project you are managing. The following time-phased budget was developed earlier in the
planning stage and is being used as the standard against which the project performance is measured.
Work Packages
A
B
C
Total
W1
4
4
W2
8
8
W3
2
W4
5
5
W5
9
19
W6
6
6
You are analyzing the project performance at the end of Week 5. Activity "C" is 80% complete and its actual cost is 15. What is the schedule variance of
this activity?
Use two decimal places in your calculations.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe8856b69-2add-48dd-a046-73a7f6551ef3%2Fe8b23669-a1fe-49a8-a6fc-ac88ce62fa90%2Fsab0cra_processed.jpeg&w=3840&q=75)
Transcribed Image Text:You are developing a performance progress report for a project you are managing. The following time-phased budget was developed earlier in the
planning stage and is being used as the standard against which the project performance is measured.
Work Packages
A
B
C
Total
W1
4
4
W2
8
8
W3
2
W4
5
5
W5
9
19
W6
6
6
You are analyzing the project performance at the end of Week 5. Activity "C" is 80% complete and its actual cost is 15. What is the schedule variance of
this activity?
Use two decimal places in your calculations.
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