How to solve listed EV Question

Submitted by abhi80 on Thu, 01/28/2010 - 12:42

Hi, please help me to solve EV question below

Activity A is worth $300, is100% complete and cost $350. Activity B is $100 worth, is 95% complete andactually cost $85 so far. Activity C is worth $ 200, is 75% complete and hascost $ 175 so far. Total Budget is $1500. What is EAC for the activities listed?

Options are

A. $1706

B. $0.88

C. $1685

D. $185

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PMP / CAPM exam Question bank

pkukilla

Thu, 01/28/2010 - 17:35

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re How to solve listed EV Question

EV=300+95+150(200*.75)=545

AC=350+85+175=610

BAC=1500

CPI= EV/AC=.893

EAC=BAC/CPI =1500/.893 =1685

abhi80

Thu, 01/28/2010 - 21:01

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Thank you for detailed

Thank you for detailed explanation.

miansahib

Fri, 01/29/2010 - 18:07

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How to solve listed EV Question

Hi,

Can you please explain, How to calculate this. The Question was no doubt ambigious but the answer is also not clear.

Please explaing the steps you have performed while calculating this EV.

pkukilla

Fri, 01/29/2010 - 18:54

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Re how to solve listed ev question

In a large project a single cost baseline can be broken in to mulitple cost baselines say A may be used for tracking production cost, B for purchase cost etc

So in this question Earned Value for the entire project ( measure of work completed) = EV of A+EV of B+EV of C

EV of A = 300 *100/100 = 300 (Activity A is worth $300, is100% complete)

EV of B = 100*95/100 = 95 (Activity B is $100 worth, is 95% complete)

EV of C = 200*75/100 =150 (Activity C is worth $ 200, is 75% complete)

Total EV =300+95+150=545

Total AC=350+85+175=610 (cost of Activity A=350, Activity B=85, Activity C=175)

BAC=1500 (Total Budget is $1500 )

CPI= EV/AC=.893

EAC=BAC/CPI =1500/.893 =1685

Please let me know if its still not clear

miansahib

Sat, 01/30/2010 - 18:46