This paper circulates around the core theme of 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 together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
Estimate At Completion forecast (EAC)
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
|
$7,500
|
$1,000
|
1.13
|
|
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:
|
$64,300
|
26,930
|
29,200
|
($2,270)
|
0.92
|
$25,700
|
$730
|
1.05
|
(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.
