Activity Percent Complete Budgeted Cost for Work Scheduled Budgeted Cost for Wor

Question

Activity

Percent Complete

Budgeted Cost for Work Scheduled

Budgeted Cost for Work Performed

Actual Cost for Work Performed

Cost Variance             = 4-5

Schedule Variance

= 4-3

Cost variance ($)= column 4 – column 5 ________________

Schedule variance ($) = column 4 – column 3 _______________

Time to complete = __________________________

Cost at completion = rate of spending x Total budget    column 5/column 4 x (    ) = __________

Cost to complete = (cost of completion) – ACWP= _________________________

Activity

Percent Complete

Budgeted Cost for Work Scheduled

Budgeted Cost for Work Performed

Actual Cost for Work Performed

Cost Variance             = 4-5

Schedule Variance

= 4-3

PERCENT-COMPLETION REPORT Time to Activity Date Started %Completed Complete AB AC AD DE* BF 100% 60% 100% not started 2/14 40% Note: Because of priorities, resources for activity DE will not be available until 3/14. Management estimates that this activity can be crashed from 3 weeks to 2 weeks at an additional cost of $3,000

Explanation / Answer

Activity % Complete Budgeted Cost for Work Scheduled Budgeted Cost for Work Performed Actual Cost for Work Performed Cost Variance Schedule Variance PV EV AC AB 100% $6,000 $6,000 $6,200 -$200 $0 AC 60% $20,000 $15,000 $12,500 $2,500 -$5,000 AD 100% $7,500 $7,500 $7,400 $100 $0 DE Not Started $10,500 $3,500 $0 $3,500 -$7,000 BF 40% $15,000 $2,000 $4,500 -$2,500 -$13,000

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.