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For A Project With Earned Value (ev) = $300, Actual Cost (ac) = $350 And Planned Value (pv) = $400. The Overall Project Budget Is $1,000. Assume That You Will Continue To Spend At The Same Rate As You Are Currently Spending. What Is The Variance At Completion (vac)? |
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Answer» As the project will continue to spend at the same CURRENT rate, the formula to be used would be: VAC = BAC – EAC EAC = BAC/CPI CPI = EV/AC VAC = BAC – BAC/(EV/AC) =$1000 – $1000/($300/$350) = -$167 As the project will continue to spend at the same current rate, the formula to be used would be: VAC = BAC – EAC EAC = BAC/CPI CPI = EV/AC VAC = BAC – BAC/(EV/AC) =$1000 – $1000/($300/$350) = -$167 |
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