Assume that you have completed three months of the project. The BAC was $200,000 for...
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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
Answer & Explanation
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