Il represents one month). B¥30 D¥80 GY 70 J ¥200 L ¥ 20 C¥40 EY 20 H ¥30 K ¥60 F ¥50 months, Activities A, B, half of C, and half of D were completed, for a cost 0. For this point in time (two months after the start date), using earned oncepts determine the schedule variance and cost variance. State if the is over or under budget and if it is ahead or behind schedule

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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The following bar chart shows the activities to complete a project in six months
(each cell represents one month).
A Y100
B¥ 30
DY80
GY 70
J ¥ 200
L Y 20
C¥40
EY 20
H ¥30
K ¥ 60
F Y 50
After 2 months, Activities A, B, half of C, and half of D were completed, for a cost
of ¥200. For this point in time (two months after the start date), using earned
value concepts determine the schedule variance and cost variance. State if the
project is over or under budget and if it is ahead or behind schedule.
Transcribed Image Text:The following bar chart shows the activities to complete a project in six months (each cell represents one month). A Y100 B¥ 30 DY80 GY 70 J ¥ 200 L Y 20 C¥40 EY 20 H ¥30 K ¥ 60 F Y 50 After 2 months, Activities A, B, half of C, and half of D were completed, for a cost of ¥200. For this point in time (two months after the start date), using earned value concepts determine the schedule variance and cost variance. State if the project is over or under budget and if it is ahead or behind schedule.
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