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jacobdesalvo8155
21.01.2022 •
Business
Accounting question i desperately need the solving problem I will give brainlest to whoever will help me (Q.11)
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Ответ:
A) cost variance = -10,000, schedule variance = -7,000, cost performance index = 0.853, schedule performance index = 0.892.
B) The project is behind schedule and it is over budget.
C) Estimate at completion = 181712 . worse than planned.
D) It will take 13.45 to finish this project.
Explanation:
a) Cost variance = EV - AC ==> 58000 - 68000 = -10000
Schedule variance = EV - PV ==> 58000 - 65000 = -7000
CPI = EV / AC ==> 58000 / 68000 = 0.853
SPI = EV / PV ==> 58000 / 65000 = 0.892
b) Since Scheduled Performance Index is less than 1, the project is behind schedule and if CPI is less than 1, the project is over budget .
c) EAC = BAC / CPI ==> 155000 / 0.853 = 181712
Project is expected to exceed budget , therefore it is performing worse than planned.
d) Expected time to complete 12/.892 = 13.45