A project has been estimated to take eight weeks and cost $65,000. The critical
ID: 2349763 • Letter: A
Question
A project has been estimated to take eight weeks and cost $65,000. The critical path is A - D. Cost and earned value data are provided below:EV
PV
AC
Budget
BCWP
-BCWS
SV
SPI
-ACWP
CV
CPI
A
$8,500
$8,500
$8,500
$ -
1.00
$7,100
$1,400
1.21
B
$15,000
$15,000
$15,000
$ -
1.00
$13,000
$2,000
1.15
C
$6,800
$2,530
$2,700
($170)
0.94
$4,000
($1,470)
0.63
D
$18,000
$900
$3,000
($2,100)
0.30
$1,200
($300)
0.75
E
$16,000
$0
$0
$ -
$0
$ -
Project
$65,000
26,930
29,200
($2,270)
0.92
$25,300
$830
1.06
(i) Calculate the Estimate At Completion (EAC) considering future performance will be back on schedule and budget.
(ii) Calculate EAC considering that the project will continue to perform as it has to date.
(iii) Using either of these two numbers discuss the status of the project and if the project manager needs to take corrective actions. Justify your comments.
Explanation / Answer
https://docs.google.com/viewer?a=v&q=cache:GxZn5so-K8IJ:ww2.justanswer.com/uploads/BusinessTutor/2011-01-19_190219_jjpotter.docx+The+accounting+records+of+NuTronics,+Inc.,+include+the+following+information+for+the+year+ended+December+31,+2011.+Dec.+31+Jan.+1+Inventory+of+materials+%24+24,000+%24+20,000+Inventory+of+work+in+process+8,000+12,000+Inventory+of+finished+goods+90,000+80,000+Direct+materials+used+219,000+Direct+labor+107,000+Selling+expenses+170,000+General+and+administrative+expenses+140,000+Overhead+is+assigned+to+production+at+%24192,000.+a.+Prepare+a+schedule+of+the+cost+of+finished+goo&hl=en&gl=in&pid=bl&srcid=ADGEESj9TZN5kYNgTpbVXwdK8Uy3Ff-d5fprc0sdKZu5151ml32pOCnbw_YYNyIHX4kNHWCwfdSvCWf3xpXxth18YKraeDQ5drf_Y_BAvdcVKp76a0yEe0g74_66Xe6MyRTaVtnrxC_p&sig=AHIEtbRfXFimYaT3uwzuHHXk2DoJ_fLDBA