Assume that you have completed three months of the project. The BAC was $200,000 for...
60.1K
Verified Solution
Question
Accounting
Assume that you have completed three months of the project. The BAC was $200,000 for this six-month project. You can also make the following assumptions: PV = $120,000 EV = $100,000 AC = $90,000
Assumptions: |
EAC: $180,180.00 in 7.2 Months |
BAC: $200,000 |
Need help in plotting the figures for 6 Months in excel and formulas. Cumulative Planned Value (PV) is correct but I need random cost to make up or show accuracy that its going to be under budget and behind schedule. I have seen similar answers but no one broke down the cost.
Plot in excel an earned value chart using the preceding information.
Monthly Planned Value (PV) | $ 14,833.33 | $ 22,833.33 | $ 33,433.33 | $ 31,333.33 | $ 68,333.33 | $ 29,233.33 |
Cumulative Planned Value (PV) | $ 14,833.33 | $ 37,666.67 | $ 71,100.00 | $ 102,433.33 | $ 170,766.67 | $ 200,000.00 |
Monthly Actual Cost (AC) | ||||||
Cumulative Actual Cost (AC) | ||||||
Monthly Earned Value (EV) | ||||||
Cumulative Earned Value (EV) | ||||||
Assumptions: | ||||||
PV | $ 120,000.00 | |||||
EV | $ 100,000.00 | |||||
AC | $ 90,000.00 | |||||
CV=EV-AC | $ 10,000.00 | |||||
SV=EV-PV | $ (20,000.00) | |||||
CPI=EV/AC | 1.111111111 | |||||
SPI=EV/PV | 0.833333333 | |||||
Estimate at Completion (EAC) | $180,180.00 | |||||
Estimated time to complete | 7.2 |
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.