How to solve listed EV Question

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

PMP / CAPM exam Question bank

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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re How to solve listed EV Question

Submitted by pkukilla on Thu, 01/28/2010 - 17:35.

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

AC=350+85+175=610

BAC=1500

CPI= EV/AC=.893

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

Thank you for detailed

Submitted by abhi80 on Thu, 01/28/2010 - 21:01.

Thank you for detailed explanation.

How to solve listed EV Question

Submitted by miansahib on Fri, 01/29/2010 - 18:07.

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.

Re how to solve listed ev question

Submitted by pkukilla on Fri, 01/29/2010 - 18:54.

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