Question

Because you are a future project manager, your friend asks for help in renovating his basement. After planning the requirements, you determine the renovation will cost $35,000 at completion. You plan for the project duration to be from July 1 to December 31 (6 months). On October 1, you realize the renovation is 20% complete and has cost $9,250. Assume a 5-day working week. a. What is the total cost of the project? What percent of the work has been done? b. What is the planned value, earned value, and actual cost for this table? EV PV AC Cost Schedule c. What is the cost variance and schedule variance? d. What is the CPI and SPI? What is the status of the budget and schedule?

          Because you are a future project manager, your friend asks for help in renovating his basement. After planning the requirements, you determine the renovation will cost $35,000 at completion. You plan for the project duration to be from July 1 to December 31 (6 months). On October 1, you realize the renovation is 20% complete and has cost $9,250. Assume a 5-day working week.

a. What is the total cost of the project? What percent of the work has been done?
b. What is the planned value, earned value, and actual cost for this table?
   EV
   PV
   AC
   Cost
   Schedule
c. What is the cost variance and schedule variance?
d. What is the CPI and SPI? What is the status of the budget and schedule?

1 because you are a future project manageryour friend asks for help in renovating his basement after planning the requirements you determine the renovation will cost 35000 at completion you 53168

Added by Douglas R.

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