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

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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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:

  1. BAC
  2. PV
  3. AC
  4. EV
  5. ETC

Calculate:

  1. CPI
  2. SPI
  3. CV
  4. SV
  5. VAC
  6. EAC
  7. TCPI
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