Explain the following project situations using just the following schedule and cost information: a. PV = $10,000, AC = $12,000, EV = $10,500 b. PV = $10,000, AC = $10,000, EV = $10,000 c. PV = $10,000, AC = $9,000, EV = $10,000 a. PV = $10,000, AC = $10,000, EV = $9,000
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Explain the following project situations using just the following
a. PV = $10,000, AC = $12,000, EV = $10,500
b. PV = $10,000, AC = $10,000, EV = $10,000
c. PV = $10,000, AC = $9,000, EV = $10,000
a. PV = $10,000, AC = $10,000, EV = $9,000
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- ew Assessment X G As an independent pro x vle.phoenix.edu/ultra/courses/_386284_1/grades/asse X The project you have been hired to turn around is one that was started 18 months ago and was managed by the then-director of customer service, who, after 20 years, has left for another opportunity. This project, like other projects at the company, is floundering. It is already six months behind schedule and over budget, and it lacks commitment from the four other functional groups who are key stakeholders: sales, accounting, IT, and order processing. The project you are charged with getting back on track and completing is for a new customer service system that is projected to create efficiencies, automate call center functions, and increase the quality of customer service. Use this scenario to address the following in 525 to 700 words using MS Word. 1. Assess two reasons why the previous manager may not have been the right person to run this project. The previous manager was the director of…please help, project management 1) Given the following information for a one-year project, answer the following questions. Recall that PV is the planned value, EV is the earned value, AC is the actual cost, and BAC is the budget at completion. PV=$22,000 EV=$20,000 AC=$25,000 BAC=$120,000 a) What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the project? Show your calculations. b) How is the project doing? Is it ahead of schedule or behind schedule? Is it under budget or over budget? Explain. c) Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project performing better or worse than planned? Explain. d) Use the SPI to estimate how long it will take to finish this project. e) Sketch the earned value chart for this project. 2) Write a one-page summary explaining how is project cost management different when using an Agile approach? Make sure to document any cited references.please help, project management 1) Given the following information for a one-year project, answer the following questions. Recall that PV is the planned value, EV is the earned value, AC is the actual cost, and BAC is the budget at completion. PV=$22,000 EV=$20,000 AC=$25,000 BAC=$120,000 a) What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the project? Show your calculations. b) How is the project doing? Is it ahead of schedule or behind schedule? Is it under budget or over budget? Explain. c) Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project performing better or worse than planned? Explain. d) Use the SPI to estimate how long it will take to finish this project. e) Sketch the earned value chart for this project. 2) Write a one-page summary explaining how is project cost management different when using an Agile approach?
- At a weekly meeting during the project implementation, the project manager Charlie used the following table to inform everyone of the current progress. According to this table, find the current progress of the project. Activity Planned Value Percent Completion Actual Cost Baseline $20000 90% $10000 Detailed Design $50000 90% $60000 Testing $30000 100% $40000A project with total budget cost of 30 cr. is scheduled to be completed in 80 weeks. A periodic review was carried out at end of 60 weeks and results are as given: Budgeted cost of work performed = 17 cr. Actual Cost of work performed = 19 cr. Budgeted cost of work scheduled = 21 cr. What is the cost performance index? A.0.895 B.0.81 C.0.90 D.1.12given the following information for a 1-year project, answer the following questions. Assume you have actual and earned value data at the end of the second month. Recall that PV is the plan value, Evie is the earned value, AC is the actual cost, and BAC is the budget at completion.pv =$ 23,000ev = 20,000ac= 25,000bac = 130,000a. what is the cost variance, schedule variance, cost performance index CPI and schedule performance index SPI for the project?B. how is the project progressing? Is it ahead of schedule or behind schedule? Is it under budget or over budget?C. use the CPI to calculate the estimate at completion EAC for this project.d. use the SPI to estimate how long it will take to finish this project.e. sketch the earned value chart for this project, use the figure below as a guide. Assume the data for month one is half of the values given for Pv, Ev and ac at the end of month 2
- please help, project management. I need part D,Eand 2 1) Given the following information for a one-year project, answer the following questions. Recall that PV is the planned value, EV is the earned value, AC is the actual cost, and BAC is the budget at completion. PV=$22,000 EV=$20,000 AC=$25,000 BAC=$120,000 a) What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the project? Show your calculations. b) How is the project doing? Is it ahead of schedule or behind schedule? Is it under budget or over budget? Explain. c) Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project performing better or worse than planned? Explain. d) Use the SPI to estimate how long it will take to finish this project. e) Sketch the earned value chart for this project. 2) Write a one-page summary explaining how is project cost management different when using an Agile approach? Make sure to document any cited…The decision was made by JMP management that a certain critical development in the overall project will be subcontracted-out to a vendor. JMP has issued a six-month cost plus fixed fee contract for that development, and you are the vendor's project manager. The approved JMP budget for your development is $500,000. A recent Earned Value Analysis that your firm (the vendor) has done shows that you will complete the project four weeks ahead of time, thus depriving your firm of $80,000 of billable time. Among your options are: 1. Since it was the approved budget, go ahead and bill JMP for the entire $500.000. 2. Inform JMP of the project status and completion date, and ask if they'd like to add any features to account for the monies spent. 3. Inform JMP of the project status and completion date. 4. Bill JMP for the $500,000 by adding more work at the end of the project.What are the core principles of the RAD (Rapid Application Development) system model approach, and when is it suitable for a project?
- [Project Management] Because a housing project is running late, the developer will need to complete and deliver the houses as quickly as possible. You and your management team are responsible for mitigating the situation by including a time-cost trade-off analysis into the project. You will need to include the following: Normal crash Activity Prior Days cost, RM Days cost, RM A 7,000 7,000 B A 8,000 9 8,000 B 14 6,000 12 11,000 D B 18 5,000 11 8,500 E C,D 12 8,000 12 8,000 E 20 6,000 16 12,000 E 7,000 7,000 E 11 11,000 7 15,000 G, H 10 15,000 21,000 7 I, F 6 9,000 6 9,000 Construct a network diagram (PDM), including activity early start, late start, early finish, late finish and float.After compiling all the snowcards of the requirements for a project you have realized that there are two snowcards that conflict. Moreover, each of the snowcards has a different originator. As the chief requirements engineer describe the step(s) that you would take to resolve this matter.Company A has a project that will scheduled on March 15, 2021, so the Operation department prepared all the materials needed in the project and they found out that some of the materials and equipment are not in the storage room, so they contacted the supplier (BC Company) to purchase the missing materials needed to conduct the project. So they issue the purchase order to BC and agreed that they will provide and deliver the materials needed on same day March 15, 2021. But on that day, BC company didn’t comply to deliver the materials and equipment. So what is your Approach if you were the Company A?