How much would the Cost Performance Index (CPI) have to change in order to complete the project within the original budget?


 

Your project to deliver a product has five activities, each with a finish-to-start relationship. Project baseline information is presented below indicating the planned schedule and budgeted cost of each activity.

Baseline

Activity Name Start

(Baseline)

Finish

(Baseline)

Cost

(Baseline)

Product 6/2/14 5/25/15  
   Requirements 6/2/14 8/22/14 60,000.00
   Design 8/25/14 11/14/14   90,000.00
   Build 11/17/14 3/20/15 120,000.00
   Test 3/23/15 5/22/15 50,000.00
   Release 5/25/15 5/25/15 0.00

 

You have to report project status as of January 30, 2015. The associated schedule and cost information is provided below. Assume: (1) a five-day work week; and (2) a constant resource loading (i.e., the rate of planned expenditures is constant over the duration of each activity).

Actual

Activity Name % Complete Start

(Actual)

Finish

(Actual)

Cost

(Actual)

Product   6/2/14 NA  
   Requirements 100 6/2/14 8/30/14 68,000
   Design 100 8/31/14 11/20/14 85,000
   Build 70 11/21/14 NA 110,000
   Test 0 NA NA 0
   Release 0 NA NA 0

 

Show all work. Round dollar values to the nearest dollar. Calculate all other variables to three decimal places.

  1. Earned Value Measures
    1. Calculate earned value measures for each activity and for the cumulative project as of January 30, 2015; fill in the table below:
Activity Planned Value (PV) Earned Value (EV) Actual Cost (AC)
Requirements     68,000
Design     85,000
Build     110,000
Test     0
Release     0
Entire Project      

 

  1. What is the Budget at Completion (BAC) for the project?
  1. Earned Value Performance Measures
    1. Calculate earned value performance parameters for each activity and for the cumulative project as of January 30, 2015; fill in the table below:
Activity Schedule Variance (SV) Schedule Performance Index (SPI) Cost Variance (CV) Cost Performance Index (CPI)
Requirements        
Design        
Build        
Test        
Release        
Entire Project        

 

  1. Is the project ahead of schedule, on schedule, or behind schedule? Why?
  2. Is the project over budget, under budget, or on budget? Why?
  1. Earned Value Forecasts
    1. Assuming the Cost Performance Index (CPI) remains constant for the remainder of the project:
      1. What is the Estimate at Completion (EAC)?
      2. What is the Estimate-to-Complete (ETC)?
  • How much more or less money (other than the current budgeted amount) will you need to finish the project?
  1. How much would the Cost Performance Index (CPI) have to change in order to complete the project within the original budget?

 

 

find the cost of your paper

The post How much would the Cost Performance Index (CPI) have to change in order to complete the project within the original budget? appeared first on Best Custom Essay Writing Services | EssayBureau.com.



This essay is written by:

Prof. SirMojo Verified writer

Finished papers: 435

Proficient in:

English, History, Business and Entrepreneurship, Nursing, Psychology, Management

You can get writing help to write an essay on these topics
100% plagiarism-free

Hire This Writer
© 2017 theacademicessays. All Rights Reserved. Design & Developed by theacademicessays.
How to Avoid Plagiarism
  • Use multiple resourses when assembling your essay
  • Use Plagiarism Checker to double check your essay
  • Get help from professional writers when not sure you can do it yourself
  • Do not copy and paste free to download essays
Get plagiarism free essay
Loading...