Compute Estimate At Completion (EAC) and Variance At Completion (VAC) if both SPI and CPI influence the project work when given variables are Budget At Completion (BAC) = $22,000 Earned Value (EV) = $12,800 Planned Value (PV) = $14,200 Actual Cost (AC) = $15,000 ● Comment on the status (cost and schedule) of the project.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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c. Assuming that the COST variance experienced so far in the project will continue,
how much more money will it take to complete the project?
d. If the variance experienced so far were to stop, what is the project's estimate at
completion?
e. Senior management wants to know the percentage of the project that is complete.
What should you report?
9. Compute Estimate At Completion (EAC) and Variance At Completion (VAC) if both SPI
and CPI influence the project work when given variables are
Budget At Completion (BAC) = $22,000
Earned Value (EV) = $12,800
●
●
Planned Value (PV) = $14,200
●
Actual Cost (AC) = $15,000
Comment on the status (cost and schedule) of the project.
●
10. Assume that the duration of some activities is not known with certainty. The estimates
of these activities are shown below.
Activity
A
C
D
G
U
Optimistic
8
3
10
13
8
Most Likely
10
5
12
15
10
Pessimistic
12
7
14
17
12
Transcribed Image Text:c. Assuming that the COST variance experienced so far in the project will continue, how much more money will it take to complete the project? d. If the variance experienced so far were to stop, what is the project's estimate at completion? e. Senior management wants to know the percentage of the project that is complete. What should you report? 9. Compute Estimate At Completion (EAC) and Variance At Completion (VAC) if both SPI and CPI influence the project work when given variables are Budget At Completion (BAC) = $22,000 Earned Value (EV) = $12,800 ● ● Planned Value (PV) = $14,200 ● Actual Cost (AC) = $15,000 Comment on the status (cost and schedule) of the project. ● 10. Assume that the duration of some activities is not known with certainty. The estimates of these activities are shown below. Activity A C D G U Optimistic 8 3 10 13 8 Most Likely 10 5 12 15 10 Pessimistic 12 7 14 17 12
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