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A Practical Guide to Earned Value Project Management, 2nd Edition by Charlene M. Budd, Charles I. Budd

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APPENDIX B

 

Discussion Responses and Exercise Solutions

CHAPTER 3Exercise Solutions

  1. TV = $289,000 = ($40,000 + $30,000 + $28,000 + $17,000 + $22,000 + $24,000 + $38,000 + $90,000)

  2. PV = $178,540 = ($40,000 + $30,000 + $28,000 + $17,000 + $21,120 + $23,040 + $19,380)

  3. AC = $137,500

  4. EV = $129,800 = ($40,000 + $30,000 + $28,000 + $17,000 + $11,000 +$0 + $3,800)

  5. CV = ($7,700) unfavorable = ($129,800 – $137,500) CPI = .944; project over budget = ($129,800 / $137,500)

  6. SV = ($48,740) unfavorable = ($129,800 – $178,540); SPI =.727; project behind schedule = ($129,800 / $178,540)

  7. “Optimistic” EAC = $306,144 = ($137,500 + $168,644). “Pessimistic” EAC = ...

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