UCO Earned Value Analysis Budgeted Cost Baseline Marketing Project Budget WorksheetSchool

UCO Earned Value Analysis Budgeted Cost Baseline Marketing Project Budget WorksheetSchool

  

UCO Earned Value Analysis Budgeted Cost Baseline Marketing Project Budget WorksheetSchool

University of Central Oklahoma

Question Description

I’m trying to learn for my Marketing class and I’m stuck. Can you help?

Earned-value analysis. A project budget calls for the following expenditures:

TaskDateBudgeted Amount
Build formsApril 1$10,000
Pour foundationApril 1$50,000
May 1$100,000
Frame wallsMay 1$30,000
June 1$30,000
Remaining tasksJuly 1 and beyond$500,000

Define each term in your own words, calculate these values for the above project, and show your work:

  1. Budgeted cost baseline (make a graph illustrating this one)
  2. Budget at completion (BAC)
  3. Planned value (PV) as of May 1
  4. Earned value (EV) as of May 1 if the foundation work is only two-thirds complete. Everything else is on schedule.
  5. SV as of May 1.
  6. Actual cost as of May 1 is $160,000. Calculate the cost variance (CV) as of May 1.
  7. Schedule performance index (SPI)
  8. Cost performance index (CPI)
  9. Estimate to complete (ETC), assuming that the previous cost variances will not affect future costs
  10. Estimate at completion (EAC)
  
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