ETC
Submitted by subinoyd on Wed, 07/17/2013 - 00:25
You are working on a 12 month assignment to build a website with 4000 pages for $ BAC. You are supposed to spend $ PV every 3 months. After 6 months, you determine that only $ EV of work is completed and cost incurred is $ AC. What is the ETC?
1 BAC - EV
2 BAC/CPI
3 BAC-EV/CPI
4 BAC-EV/(CPI * SPI)
ppalkonda1975
Wed, 07/17/2013 - 03:24
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think it is 1,,whats the
think it is 1,,whats the answer?
seppburgh2
Wed, 07/17/2013 - 03:25
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ETC = BAC - EV for an
ETC = BAC - EV for an atypical situation (example - hard drive failed with primary copy of website lost), ETC = BAC - EV/CPI for typical (example - labor costs will continue to rise to end of assignment.) Folks, jump in if I have this wrong.
subinoyd
Wed, 07/17/2013 - 03:45
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In wht situation will it be
In wht situation will it be ETC = BAC - EV / (CPI * SPI) ?
That formula is also mentioned for typical, in cases where schedule is impacting ETC.
bkthakkar
Wed, 07/17/2013 - 11:06
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This is to be used when both
This is to be used when both schedule and cost are impacting
elthox
Wed, 07/17/2013 - 11:21
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How do you understand from
How do you understand from this question that the schedule is important constraint?
bkthakkar
Wed, 07/17/2013 - 11:56
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In exams, it will be
In exams, it will be specifically mentioned but in practical application, it is rarely used.
unless you have data of both SPI or CPI (either mentioned or derived), you cannot use the above formulae.
Unless specified, please ignore SPI for your calculations.
But however if you want to apply in real case scenario, it depends on your project performance and how you perceive ur time schedule