Assume you are the project manager of a project. The planned schedule is as follows....
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Accounting
Assume you are the project manager of a project. The planned schedule is as follows. Each phase is planned to be completed one after the other. Today is the end of June. (20 points)
Task
Scheduled
Duration
Budget
Project Planning
January
1 month
$8, 000
Requirement
February and March
2 months
$16, 000
Design
April
1 month
$10, 000
Coding
May and June
2 months
$22, 000
Testing
July and August
2 months
$20, 000
(1) use the project status chart, calculate the following values.
At the end of June,
Task
Status at the end of June
Project Planning
Complete, spent $5,000
Requirement
Complete, spent $14,000
Design
Complete, spent $12,000
Coding
50% Complete, spent $12,000
Testing
Not yet started
Value
Show the calculation
Answer
PV(BCWS)
EV(BCWP)
AC(ACWP)
(2) Describe current budget and schedule situation (e.g. over budget? behind schedule?).
Budget:
Schedule:
Answer & Explanation
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