Question

EV= 30,000 , PV= 40,000 , AC= 45,000 , CPI= 0.667 , SPI= 0.75

Budgeted value= 50,000

Calculate the following:

1. Using the above EV, AC, and BAC to calculate the estimate at completion value for estimated to complete work performed at the budgeted rate.

EAC =

2. Using the above EV, AC, BAC, and CPI calculate the estimate at completion value for estimated to complete work performed at the present CPI.

EAC =

3. Using the above EV, AC, BAC, CPI, and SPI to calculate the estimate at completion value for estimated to complete work considering both SPI and CPI factors:

EAC =

4. Using the above EV, AC, BAC, and EAC (for problem 1, calculate To Complete Performance Index (based on the EAC.))

TCPI =

Answer 1

Question – 1:

EAC = BAC/CPI = BAC/(EV/AC) = 50000/(30000/45000) = 50000/0.667 = 75000

Question – 2:

EAC = BAC/CPI = 50000/0.667 = 75000

Question – 3:

EAC = AC + [(BAC – EV)/(CPI*SPI)]

= 45000 + [(50000 – 30000)/(0.667*0.75)

= 45000 + 20000/ 0.50

= 45000 + 40000

= 85000

Question – 4:

TCPI = (BAC – PV)/(EAC – AC)

= (50000 – 40000)/(75000 – 45000)

= 10000/30000

= 1/3 = 0.33

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