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  • Exercise Earned Value 1

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    manjot.rattan98
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    The subcontractor needs to refurbish a 1,000 square foot automobile showroom at a cost of $500 per square foot, with a budget of $500,000. After 4 weeks of work refurbishing 100 square feet per week, 45% of the job is complete and $250,000 has been spent. The subcontractor must determine values for budget, planned value, earned value, actual cost, cost variance, cost performance index, schedule performance index, estimate at completion, estimation to complete, and variance at completion.

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    The subcontractor needs to refurbish a 1,000 square foot automobile showroom at a cost of $500 per square foot, with a budget of $500,000. After 4 weeks of work refurbishing 100 square feet per week, 45% of the job is complete and $250,000 has been spent. The subcontractor must determine values for budget, planned value, earned value, actual cost, cost variance, cost performance index, schedule performance index, estimate at completion, estimation to complete, and variance at completion.

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    9 views1 page

    Exercise Earned Value 1

    Uploaded by

    manjot.rattan98
    The subcontractor needs to refurbish a 1,000 square foot automobile showroom at a cost of $500 per square foot, with a budget of $500,000. After 4 weeks of work refurbishing 100 square feet per week, 45% of the job is complete and $250,000 has been spent. The subcontractor must determine values for budget, planned value, earned value, actual cost, cost variance, cost performance index, schedule performance index, estimate at completion, estimation to complete, and variance at completion.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Exercise 1:

    You’re a subcontractor responsible for refurbishment of an automobile showroom. The


    estimated refurbishment cost is $500 per square feet. The total showroom area that needs to
    be refurbished is 1,000 square feet. Based on your past experience, you know your team can
    refurbish 100 square feet per week.

    After 4 weeks, you have 45% of the job complete and you have spent $250,000.

    Determine the value for each of the terms below:

    Term Value
    Budget at Completion
    Planned Value
    Earned Value
    Actual Cost
    Cost Variance
    Cost Performance Index
    Schedule Performance Index
    Estimate at Completion
    Estimation To Complete
    Variance At Completion

    NAME of the FILE to deliver for this exercise:


    Surname_Name_Value_1
    The exercise is INDIVIDUAL
    Put the name inside the document.

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