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| Teaching Since: | Apr 2017 |
| Last Sign in: | 328 Weeks Ago, 1 Day Ago |
| Questions Answered: | 12843 |
| Tutorials Posted: | 12834 |
MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
PROBLEMS
Problem 1: Find the schedule and cost variances for a project that has an actual cost at
month 22 of $540,000, a scheduled cost of $523,000, and an earned value of $535,000.
($000)
Month
22 AC
$540 CV
SV PV
EV
$523
$535
Favorable or
Unfav?
Favorable or
Unfav? Problem 2: A sales project at month 5 had an actual cost of $34,000, a planned cost of
$42,000, and a value completed of $39,000. Find the cost and schedule variances and the
CPI and SPI.
($000)
Month
5
CV
CPI
SV
SPI AC
$34 PV
EV
$42
$39
Favorable or
Unfav?
Favorable or
Unfav? Problem 3: A software development project at day 70 exhibits an actual cost of $78,000
and a scheduled cost of $84,000. The software manager estimates a value completed of
$81,000. What are the cost and schedule variances and CSI? Estimate the time variance.
($000)
Day
70
CV
CPI
SV
SPI
CSI
TV AC
$78 PV
EV
$84
$81
Favorable or
Unfav?
Favorable or
Unfav?
On target?
Delayed or on
time? Problem 4: A project to develop a county park has an actual cost in month 17 of
$350,000, a planned cost of $475,000, and a value completed of $300,000. Find the cost
and schedule variances and the three indexes.
($000)
Month
17
CV
CPI
SV
SPI
CSI AC
$350 PV
EV
$475
$300
Favorable or
Unfav?
Favorable or
Unfav?
Favorable or
Unfav?
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