inf 337, ashford week 3 problem

timer Asked: Feb 24th, 2014
account_balance_wallet $20

Question description

Of the three problems below, choose and solve one problem. Show your work. Along with your answer, define each term and explain the significance (meaning) of the solution.

  1. During a project, Earned Value Analysis is performed and gives the following numbers: 
  EV: 523,000; PV: 623,000; AC: 643,000.
  Which results are correct?

 A. CV: +120,000; SV: +100,000
 B. CV: +100,000; SV: +120,000
 C. CV: -100,000; SV: -120,000
 D. CV: -120,000; SV: -100,000

 2. You found the following Earned Value Analysis information for a recently closed out project:

 SPI = 0.7, CPI = 1.0

 A. The project has been cancelled while it was executed. At that time the project was behind schedule and on budget.
 B. The project's deliverables have all been finished. The project came in ahead of schedule but on budget.
 C. The project's deliverables have all been finished. The project came in on schedule but over budget.

 3. You are assigned as the project manager to a project which had a one-time cost variance in the past caused by unexpected rework which has meanwhile 
 been finished.

 You perform Earned Value Analysis and find the following results:

 EV: 250,000; PV: 200,000; AC 275,000

 BAC is 500,000.

 What is right?

 A. EAC = 550,000
 B. EAC = 525,000
 C. EAC = 500,000
 D. EAC = 425,000

Tutor Answer

Duke University

flag Report DMCA

Outstanding Job!!!!

Similar Questions
Hot Questions
Related Tags

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors