Question

You are managing the construction of a new expert. The project is scheduled to be completed in 2 years with an approved budget of 30,000,000QR. At the end of the first year, the value of the work completed to 18,000,000QR. The actual costs are 14,400,000.Find BAC,PVI,EV,AC,SV,CV,SPI,CPI,EAC,TCPI

Answer 1

The BAC is 30,000,000QR, PVI is 30,000,000QR, EV is 18,000,000QR, AC is 14,400,000QR, SV is -12,000,000QR, CV is 3,600,000QR, SPI is 0.6, CPI is 1.25, EAC is 24,000,000QR, and TCPI is 1.67.

Step-by-step explanation:

BAC (Budget at Completion): BAC = 30,000,000QR as it is the approved budget for the project.

PVI (Planned Value of the work): PVI = 30,000,000QR as it is the approved budget for the entire project.

EV (Earned Value): EV = 18,000,000QR as this is the value of the work completed at the end of the first year.

AC (Actual Cost): AC = 14,400,000QR as this is the actual cost incurred at the end of the first year.

SV (Schedule Variance): SV = EV - PVI = 18,000,000QR - 30,000,000QR = -12,000,000QR.

CV (Cost Variance): CV = EV - AC = 18,000,000QR - 14,400,000QR = 3,600,000QR.

SPI (Schedule Performance Index): SPI = EV / PVI = 18,000,000QR / 30,000,000QR = 0.6 (or 60%).

CPI (Cost Performance Index): CPI = EV / AC = 18,000,000QR / 14,400,000QR = 1.25.

EAC (Estimate at Completion): EAC = BAC / CPI = 30,000,000QR / 1.25 = 24,000,000QR.

TCPI (To-Complete Performance Index): TCPI = (BAC - EV) / (BAC - AC) = (30,000,000QR - 18,000,000QR) / (30,000,000QR - 14,400,000QR) = 1.67.