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EVM Analysis
Your company supplies swimming pools.
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Order Paper NowYou are in the process of managing the following project.
The review date is early Monday Week 2 before Install Pool is due to have started.
Project
|
WBS |
Scheduled Start |
Budget Cost (Planned Value) |
Actual Cost |
Started |
Completed |
||||
|
Hours |
Cost Per Hour |
Cost |
Hours |
Cost Per Hour |
Cost |
||||
|
Clear Site |
Monday Week 1 |
16 |
$90 |
$1,440 |
18 |
$90 |
$1,620 |
Yes |
Yes |
|
Dig Hole |
Wednesday Week 1 |
8 |
$180 |
$1,440 |
9 |
$180 |
$1,620 |
Yes |
Yes |
|
Smooth hole |
Thursday week 1 |
12 |
$80 |
$960 |
11 |
$80 |
$880 |
Yes |
Yes |
|
Install Pool |
Monday Week 2 |
14 |
$120 |
$1,680 |
11 |
$120 |
$1,320 |
Yes |
Yes |
|
Install Pipes |
Wednesday Week 2 |
12 |
$80 |
$960 |
14 |
$80 |
$1,120 |
Yes |
Yes |
|
Install Equipment |
Friday Week 2 |
8 |
$120 |
$960 |
No |
No |
|||
|
Install Paving |
Monday Week 3 |
24 |
$100 |
$2,400 |
No |
No |
|||
|
Landscape |
Thursday Week 3 |
16 |
$75 |
$1,200 |
No |
No |
|||
|
Total |
110 |
$11,040 |
63 |
$6,560 |
|||||
- What is the earned value (EV) for the project?
- What is the planned value (PV) for the project?
- What is the budget at completion (BAC)?
- What is Cost Variance (CV) for the project?
- What is the Schedule variance (SV) for the project?
- What is the cost performance index (CPI) for the project?
- What is the Schedule performance index (SPI) for the project?
- What is the estimate to complete (ETC) for the project predicting that the variance will continue?
- What is the estimated cost at completion (EAC) predicting that the variance will continue?
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