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EVM - Clarification on a question

Posted: Mon Feb 19, 2018 5:54 am
by solidroots
Manjushree is working on a project which has a Budget at Completion (BAC) of INR 8,50,000.00 and is 24 months long. As on date her project is 35% complete, while it was supposed to be 40% complete at present. She has also reported that INR 4,25,000.00 has already been spent on the project. Her project sponsor wants to know the likelihood of the project being able to meet the estimate at completion. Please specify which statement is TRUE?

A. Her sponsor has asked for To-Complete Performance Index (TCPI) which is 0.7.
B. Her sponsor has asked for To-Complete Performance Index (TCPI) which is 1.3.
C. Her sponsor has asked for Estimate at Completion (EAC) which is INR 7,89,286.00
D. Her sponsor has asked for Estimate to Complete which is INR 7,89,286.00

Re: EVM - Clarification on a question

Posted: Mon Feb 19, 2018 4:33 pm
by manishpn
would recommend you to do your own match and we can discuss after that

Re: EVM - Clarification on a question

Posted: Tue Feb 20, 2018 3:40 am
by solidroots
As per my understanding and calculations the first option is correct, since estimate at completion is taken to into consideration the formula shall be (BAC-EV)/(EAC-AC) that comes up as 0.7. EAC was calculated using the formula BAC/CPI. However as per the original mocks from where this question is taken up the answer is second. Kindly provide your inputs.