Resource Planning – Project Management

I don’t know how to handle this Management question and need guidance.

Question 1: Reflect on the attached presentations(ppt) chapter 9 and then type a two page paper regarding what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding. Define and describe what you thought was worthy of your understanding in half a page, and then explain why you felt it was important, how you will use it, and/or how important it is in project planning.

Attached also the project management text book for your reference.

Question 2: Earned-value analysis. A project budget calls for the following expenditures:

Task

Date

Budgeted Amount

Build forms

April 1

$10,000

Pour foundation

April 1

$50,000

May 1

$100,000

Frame walls

May 1

$30,000

June 1

$30,000

Remaining tasks

July 1 and beyond

$500,000

Define each term in your own words, calculate these values for the above project, and show your work:

  1. Budgeted cost baseline (make a graph illustrating this one)
  2. Budget at completion (BAC)
  3. Planned value (PV) as of May 1
  4. Earned value (EV) as of May 1 if the foundation work is only two-thirds complete. Everything else is on schedule.
  5. SV as of May 1.
  6. Actual cost as of May 1 is $160,000. Calculate the cost variance (CV) as of May 1.
  7. Schedule performance index (SPI)
  8. Cost performance index (CPI)
  9. Estimate to complete (ETC), assuming that the previous cost variances will not affect future costs
  10. Estimate at completion (EAC)

Order the answer to view it

Assignment Solutions


Assignment Solutions

ORDER THIS OR A SIMILAR PAPER AND GET 20% DICOUNT. USE CODE: GET2O