A company currently in the 3rd month of a 2 year project. The financial committee would like to have a cost status report. At this stage of the project there is an estimated planned value of 37500. The rate of performance is determined at 95% and the current costs have accumulated to 400000. Determine the EVM performance
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A company currently in the 3rd month of a 2 year project. The financial committee would like to have a cost status report. At this stage of the project there is an estimated planned value of 37500. The rate of performance is determined at 95% and the current costs have accumulated to 400000. Determine the EVM performance
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- The decision was made by JMP management that a certain critical development in the overall project will be subcontracted-out to a vendor. JMP has issued a six-month cost plus fixed fee contract for that development, and you are the vendor's project manager. The approved JMP budget for your development is $500,000. A recent Earned Value Analysis that your firm (the vendor) has done shows that you will complete the project four weeks ahead of time, thus depriving your firm of $80,000 of billable time. Among your options are: 1. Since it was the approved budget, go ahead and bill JMP for the entire $500.000. 2. Inform JMP of the project status and completion date, and ask if they'd like to add any features to account for the monies spent. 3. Inform JMP of the project status and completion date. 4. Bill JMP for the $500,000 by adding more work at the end of the project.Stinnett Transmissions, Incorporated, has the following estimates for its new gear assembly project: Price $1,220 per unit; variable costs = $3.75 million; quantity = 90,000 units. Suppose the company believes all of its estimates are accurate only to within ±15 percent. What values should the company use for the four variables given here when it performs its best-case scenario analysis? What about the worst-case scenario? Pls don't copy answer i give up voteWhat does a project’s NPV of $1,500 mean?
- Deavyanne Johnston, the engineering manager at TZO Chemicals, wants to complete an alternative evaluation study. She asked the finance manager for the corporate MARR. The finance manager gave her some data on the project and stated that all projects must clear their average (pooled) cost by at least 4%. a. Use the data to determine the minimum MARR.b. The study is after-taxes and part (a) provided the before-tax MARR.Determine the correct MARR to use if Te was 32% last year and the finance manager meant that the 4% above the cost is for after-tax evaluations.Earned Value Management (EVM) is a method or an approach in measuring the project performance throughout the project at any point of time that integrates the variances of cost and schedule in assisting organizations to decide either to continue or terminate the project. Within 200 days, the equipment supplier has agreed to supply 100 units of spare equipment at the price of RM500 per unit. However, 50 days later, the supplier can only supply 21 units with an actual total cost of RM11,400. a. Indicate either the supply is ahead or behind the schedule (in days).b. Indicate either the supply is under or exceed the budget (in amount).c. Indicate the cost performance of the supply (in percentage)d. Indicate the performance of the supply in term of schedule (in percentage)In a recent review meeting, the client has insisted you complete the project on time. You would like to get the Estimate at Completion for your project, so you perform Earned Value analysis and get the following data: the value of the completed work is $176,500; you have spent $223,500; and the planned value is $229,100. The initial budget of the project is $419,500. What is EAC? Your answer should be rounded to the nearest whole number, for example 123,456.73 should be rounded to 123,457. A
- an engineer proposes to spend $95,000 on a capital project to upgrade a package delivery system. The project is expected to have labor savings of $20,000 a year plus reduce scrap costs by $5,000 a year. There is expected to be no salvage value at the end of the equipment life, which is anticipated to be 7 years. MARR is 12% What is the present worth of this project?Randall Systems in considering four projects A, B, C and D that have risks associated with the producing benefits. Based on the information given in the table below, which project is more desirable for the company? Project A Project B Project C Project D EUAW Prob. EUAW Prob. EUAW Prob. EUAW Prob. $2,000 0.2 $3,000 0.1 -$5,000 0.2 $4,000 0.4 $1,500 0.5 -$2,500 0.4 $6,500 0.5 $2,500 0.3 $3,000 0.3 $3,500 0.5 $1,000 0.3 -$2,000 0.3The estimated annual cash flows for a proposed municipal government project are costs of $850,000 per year, benefits of $930,000 per year, and disbenefits of $300,000 per year. Calculate the conventional B/C ratio at an interest rate of 9% per year, and determine if it is economically justified.The B/C ratio is______The project is economically ((Click to select)
- Analyse the sensitivity analysis and summarise the implications of the analysis for the project, Property acquisition 50%, financing 70% and construction 50%.Assume we are planning to develop a room reservation system that is estimated to have 400 story points of features. Let’s say our team’s velocity on two-week sprints ranges between 20 and 25 story points. Our project will start on Dec 1, 2021. If our customer wants the project to be in production by end of June 22, how likely will the project be successful? Why? Show your calculations.We are planning to develop a room reservation system that is estimated to have 400 story points of features. Let’s say our team’s velocity on two-week sprints ranges between 20 and 25 story points. Our project will start on Dec 1, 2021. If our customer wants the project to be in production by end of June 22, how likely will the project be successful? Why? Show your calculations.