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 supposed to cost $150,000 when complete. Its costs so far are $45,000. It is 35% complete. The activity has completed 5 weeks of a planned 15-week schedule.
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 when finished. Its costs to date are $50,000.
Activity C is finished. It finished 2 weeks late. It cost $100,000. And it was planned to cost $110,000.
Activity D is beginning its fourth of a planned 6-week schedule. It has cost $200,000 so far. It was estimated to cost $450,000 when finished. It is approximately 55% complete.
Using these data, calculate the following.
- What are the PV, EV, and AC for the project?
- What are the SV, CV, SPI, and CPI for the project?
- Assess the project performance to date. Do you get to have the celebration?
5-2 Earned Value Calculation
Your project has four activities. Below is the current status of each activity.
Activity A was supposed to cost $250,000 when complete. Its costs so far are $165,000. It is 50% complete. The activity has completed 7 weeks of a planned 15-week schedule.
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.
Activity C is finished. It finished 2 weeks late. It cost $200,000 and it was planned to cost $250,000.
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.
Using these data, calculate the following.
1. Calculate the CV, SV, CPI, and SPI for each activity and the total project.
2. What is your assessment of the project at this time?