Robyn Cucurullo is developing a social networking app for tablet computers. She has the following stages completed so far:
a. Create a table similar to the one in Figure 3.27.
b. For Week 3, calculate the budget at completion (B A C), planned value (P V), actual cost (A C), and earned value (E V) at Week 3.
c. For Week 3, calculate the performance measures of cost variance (C V), schedule variance (S V), the cost performance index (C P I), and the schedule performance index (S P I).
d. What can you tell about the budget in Week 3 by using these performance measures?
e. What can you tell about the schedule in Week 3 by using these performance measures?
f. For Week 3, calculate the estimated time to complete (E T C) and estimate at completion (E A C).
a. The table is shown below.
b. For Week 3, the results are:
The budget at completion (B A C) is $2400.
The planned value (P V) is $1500.
The actual cost (A C) is $1700.
The earned value (E V) is $1500 (E V = PV * p).
c. For Week 3, the results are:
The performance measures of cost variance (C V) is $0.
The schedule variance (S V) is $200.
The cost performance index (C P I) is 1.
The schedule performance index (S P I) is 1.13.
d. Using these performance measures, the project is over budget.
e. Using these performance measures, the project is on schedule.
f. For Week 3, the estimated time to complete (E T C = (B A C ? E V) / C P I) is 700 and estimate at completion (E A C =A C + E T C) is $2400.
You might also like to view...
Explain how to ensure the correctness of audit evidence.
What will be an ideal response?
Answer the following statements true (T) or false (F)
1. The expression array.GetUpperBound(1) can be used to determine the upper bound of a one-dimensional array. 2. Often, the elements of an array represent a series of related values that are used in a calculation. 3. Values in an array can be totaled by using the ArrayTotal method. 4. Arrays can be used as sets of counters. 5. When an expression contains nested parentheses, its evaluation begins with the value in the outermost set of parentheses.
In the binary search routine in the text, the first thing the code does is to check whether the object is not in the array. What is the test for this condition?
a. first < last b. first == last c. first > last d. the test does not involve the variables first and last.
The ________ function is a database function that extracts a single value from a field or column within a dataset that matches specified conditions.
Fill in the blank(s) with the appropriate word(s).