To install a 10,000 feet fence at a cost of $10.00/per foot. It is estimated that 500 feet of fence can be installed per week for a total of 20 weeks. After 12 weeks and with 50% of work completed $45,000.00 has been spent. Calculate the following and submit the exercise results in a Word document.
Budget at Completion (BAC) = ___________________________ #feet fence * cost/foot
Planned Value (PV) - ________________________________ BAC * (%time passed)
Earned Value (EV) _______________________________________ BAC * % completed
Actual Cost (AC) _________________________________________
Cost Variance (CV) _________________________________________ EV - AC
Schedule Variance (SV) _________________________________________ EV - PV
Cost Performance Index (CPI) ____________________________________ EV/AC %
Schedule Performance Index (SPI) ___________________________________ EV/PV %
Estimate at Completion (EAC) _____________________________________ BAC/CPI
Estimate to Complete (ETC) ____________________________________ EAC - AC
Variance at Completion (VAC) ____________________________________ BAC-EAC
To Complete Performance Index ______________________________ (BAC-EV)/(BAC/AC)