EAC calculations
Submitted by yatinc on Mon, 06/02/2014 - 19:31
Actual cost=$1000,
Budget at completion=$800,
cost performance index=0.5,
Earned value= $600, the variance can occur again.
The estimate at completion is:
a) $1000
b) $1400
c) $800
d) None of the above
Could you please specify your answer and calculations
Forums:
sanjay077
Tue, 06/03/2014 - 13:15
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My input
If you catch this line " the variance can occur again " then the formula which could be used here is
EAC=AC+[(BAC-EV)/(CPI x SPI )]
sunku65
Tue, 06/03/2014 - 16:51
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Answer is B=1400 based on
Answer is B=1400 based on other web sites.
CPI=600/1000=0.60 EAC=800/0.6 = 1333
The given figure are wrong.
How come CPI=.50 while EV=600 and AC=1000. here CPI = 600/1000= 0.60
sunku65
Tue, 06/03/2014 - 16:55
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http://pmzilla.com/earn-value
http://pmzilla.com/earn-value-calculation-eac
yatinc
Wed, 06/04/2014 - 03:19
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Thanks
Thanks sunku65. That is exactly what I was trying to figure out.
So I can conclude the question is wrong?