{"id":224,"date":"2020-02-12T23:03:59","date_gmt":"2020-02-12T23:03:59","guid":{"rendered":"https:\/\/papersspot.com\/blog\/?p=224"},"modified":"2020-02-12T23:03:59","modified_gmt":"2020-02-12T23:03:59","slug":"pm592-week-5-assignment-problems","status":"publish","type":"post","link":"https:\/\/papersspot.com\/blog\/2020\/02\/12\/pm592-week-5-assignment-problems\/","title":{"rendered":"PM592 Week 5 Assignment Problems"},"content":{"rendered":"

 <\/p>\n

Problems 5-1 through 5-2 (Graded)<\/p>\n

5-1 Earned Value Calculation<\/p>\n

Your project has four activities. Below is the current status of each activity.<\/p>\n

Activity A was to have cost $150,000<\/strong> when complete. Its costs so far are $45,000.<\/strong> It is 35% complete.\u00a0 The activity has completed 5 weeks of a planned 15-week schedule.<\/p>\n\n\n\n\n\n\n\n\n
Task<\/td>\nPV<\/td>\nAC<\/td>\nEV<\/td>\n<\/tr>\n
A<\/td>\n50000<\/td>\n45000<\/td>\n52500<\/td>\n<\/tr>\n
B<\/td>\n50000<\/td>\n50000<\/td>\n45000<\/td>\n<\/tr>\n
C<\/td>\n110000<\/td>\n100000<\/td>\n110000<\/td>\n<\/tr>\n
D<\/td>\n225000<\/td>\n200000<\/td>\n247500<\/td>\n<\/tr>\n
Total<\/td>\n435000<\/td>\n395000<\/td>\n455000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

PV=5\/15×150000=50000<\/p>\n

AC=45000<\/strong><\/p>\n

EV=35×150000=52500<\/p>\n

 <\/p>\n

Activity B is at the end of week 2 of a planned 4-week effort. It is 45% complete. It was to cost $100,000<\/strong> when finished. Its costs to date are $50,000<\/strong>.<\/p>\n

PV=50000<\/p>\n

EV=45000<\/p>\n

AC=50000<\/p>\n

 <\/p>\n

 <\/p>\n

Activity C is finished. It finished 2 weeks late. It cost $100,000.<\/strong> And it was planned to have cost $110,000.<\/strong><\/p>\n

PV = $110,000 EV = $110,000.\u00a0 AC = $100,000<\/p>\n

 <\/p>\n

 <\/p>\n

Activity D is beginning its fourth of a planned 6-week schedule. It has cost $200,000<\/strong> so far. It was estimated to cost $450,000<\/strong> when finished. It is approximately 55% complete.<\/p>\n

PV = 3\/6 X $450,000 = $225,000EV = 55% X $450,000 = $247, 500AC = $200,000<\/p>\n

 <\/p>\n

 <\/p>\n

Using these data, calculate the following.<\/p>\n

 <\/p>\n

    \n
  1. What are the PV, EV, and AC for the project?<\/li>\n<\/ol>\n

     <\/p>\n

    PV = 50,000 + 50,000 + 110,000 + 225,000 = 435,000<\/p>\n

    EV = 52,500 + 45,000 + 110,000 + 247,500 = 455,000<\/p>\n

    AC = 45,000 + 50,000 + 100,000 + 200,000 = 395,000<\/p>\n

     <\/p>\n

     <\/p>\n

     <\/p>\n

     <\/p>\n

     <\/p>\n

      \n
    1. What are the SV, CV, SPI, and CPI for the project?<\/li>\n<\/ol>\n

       <\/p>\n

      CV=EV-AC=455000-395000=60,000<\/p>\n

       <\/p>\n

      SV = Earned Value (EV) \u2013 Planned Value (PV)<\/p>\n

      455000- 435000=\u00a0-$20,000<\/p>\n

       <\/p>\n

      SPI = (Earned Value) \/ (Planned Value)<\/p>\n

      455000\/43500 =\u00a01.04<\/p>\n

       <\/p>\n

      CPI = Earned Value (EV) \/ Actual Cost (AC) 455000\/395000=\u00a01.1519<\/p>\n

       <\/p>\n

      \u00a0<\/strong><\/p>\n

      \u00a0<\/strong><\/p>\n

        \n
      1. Assess the project performance to date. Project is under budget Do you get to have the celebration? Yes<\/li>\n<\/ol>\n

        \u00a0<\/strong><\/p>\n

        5-2 Earned Value Calculation<\/strong><\/p>\n

        \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong><\/p>\n

        Your project has four activities. Below is the current status of each activity.<\/p>\n\n\n\n\n\n\n\n\n
        Task<\/td>\nAC<\/td>\nPV<\/td>\nEV<\/td>\n<\/tr>\n
        A<\/td>\n165000<\/td>\n116,666<\/td>\n125500<\/td>\n<\/tr>\n
        B<\/td>\n150000<\/td>\n95000<\/td>\n123500<\/td>\n<\/tr>\n
        C<\/td>\n20000<\/td>\n250000<\/td>\n250000<\/td>\n<\/tr>\n
        D<\/td>\n350000<\/td>\n333333<\/td>\n275500<\/td>\n<\/tr>\n
        Total<\/td>\n865000<\/td>\n794999<\/td>\n774000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

         <\/p>\n

         <\/p>\n

        Activity A was to have cost $250,000 when complete. Its costs so far are $165,000. It is 50% complete.\u00a0 The activity has completed 7 weeks of a planned 15-week schedule.<\/p>\n

        PV=7\/15×250000=116,666<\/p>\n

        AC=165000<\/strong><\/p>\n

        EV=50×125000=125000<\/p>\n

         <\/p>\n

         <\/p>\n

        Activity B is at the end of week 2 of a planned 4-week effort. It is 65% complete. It was to cost $190,000 when finished. Its costs to date are $150,000.<\/p>\n

        PV =2\/4×190000=95000<\/p>\n

        AV=150000<\/p>\n

        EV=65×190000=123500<\/p>\n

         <\/p>\n

        Activity C is finished. It finished 2 weeks late. It cost $200,000 and it was planned to have cost $250,000.<\/p>\n

        PV=250000<\/p>\n

        EV=250000<\/p>\n

        AC=200000<\/p>\n

         <\/p>\n

        Activity D is at the end of its fourth of a planned 6-week schedule. It has cost $350,000 so far. It was estimated to cost $500,000 when finished. It is approximately 55% complete.<\/p>\n

        PV 4\/6×500000=333,333<\/p>\n

        EV=275000<\/p>\n

        AC=350000<\/p>\n

         <\/p>\n

        Using these data, calculate the following.<\/p>\n

        \u00a0<\/strong><\/p>\n

        \u00a0<\/strong><\/p>\n

          \n
        1. Calculate the CV, SV, CPI, and SPI for each activity and the total project.<\/strong><\/li>\n<\/ol>\n

          SV=EV-PV+774000-794999=-20999<\/p>\n

          CV=EV-AC=774000-865000=91000<\/p>\n

          CPI=EV\/AC=774000\/865000=.89<\/p>\n

          SPI=EV\/PV=774000\/794999=.97<\/p>\n

          \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong><\/p>\n

            \n
          1. What is your assessment of the project at this time? Project is RED<\/strong><\/li>\n<\/ol>\n

            Project is over budget<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

              Problems 5-1 through 5-2 (Graded) 5-1 Earned Value Calculation Your project has four activities. Below is the current status of each activity. Activity A was to have cost $150,000 when complete. Its costs so far are $45,000. It is 35% complete.\u00a0 The activity has completed 5 weeks of a planned 15-week schedule. Task PV […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-224","post","type-post","status-publish","format-standard","hentry","category-research-paper-writing"],"_links":{"self":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/comments?post=224"}],"version-history":[{"count":1,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/224\/revisions"}],"predecessor-version":[{"id":225,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/224\/revisions\/225"}],"wp:attachment":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/media?parent=224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/categories?post=224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/tags?post=224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}