CSM Forum Banner

EVM Hangout Q4

Discuss PMP doubts, tips and lesson learned. iZenBridge makes PMP® Certification easy
indusharma
Super Member
Super Member
Posts: 349
Joined: Wed Dec 11, 2013 2:55 am

EVM Hangout Q4

Postby indusharma Thu Dec 19, 2013 8:58 am

You are managing a project with total planned value as $120,000. Project is going as per the plan with CPI and SPI as 1 and you have spent $30,000 till now for the work done. Because of some personal work, you need to go for 10 days leaves and handover the project to another project manager. When you come back from leaves you found that work worth $10,000 has been done against planned work of worth$15,000, and that too have completed after spending $12,000. Your project lead informed you that network connection links were down for 3 days in your absence and that had caused the delay. You inquired about it, and found that it is fixed now and there is no probability of happening it again. Now you have to report to your management about estimate at completion for your project, which of the following represents this amount?

A)125,000
B)122,000
C)120,000
D)100,000
Indu Sharma
PMP Trainer
iZenbridge Consultancy Pvt Ltd
kshitij_y
PMP
Posts: 229
Joined: Wed Dec 11, 2013 9:39 am

Re: EVM Hangout Q4

Postby kshitij_y Thu Dec 19, 2013 6:10 pm

PV= 1,20,000
CPI = 1
SPI = 1
AC = 30000
EV= 30000

New EV=40,000 (30000 + 10000)
New AC=52,000 (30000+12000)

EAC = AC + (BAC-EV).
EAC =42,000 + (1,20,000 - 40,000)
EAC = 1,22,000
Ans: B)

Bindu I hope answer B is right , But it is time consuming
User avatar
saket
Site Admin
Site Admin
Posts: 3125
Joined: Sat Dec 07, 2013 10:37 pm

Re: EVM Hangout Q4

Postby saket Fri Dec 20, 2013 8:35 am

you are right... since this was coming from our question bank...i post explanation directly

Here we have to calculate the EAC. The variance from the planned values is caused by the atypical cause, as it is mentioned that “there is no probability of happening it again”, so we can use the formula , EAC = AC + (BAC – EV)
AC = 30,000 + 12,000 = 42,000 (30,000 for the work done before PM gone for leaves + 10,000 for work done in his absence)
EV = 30,000 + 10,000 = 40,000 (30,000 for the work done before PM gone for leaves with CPI as 1 + 10,000 spent on for work done in his absence)
BAC is given as ‘Total Planned values’ = 120,000
EAC = 42,000 + (120,000 – 40,000 ) = 42,000 + 80,000 = 122,000
Explore our online PMP Program , it makes PMP Easy :-) http://goo.gl/ZmD3xF

Image Image Image Image
kshitij_y
PMP
Posts: 229
Joined: Wed Dec 11, 2013 9:39 am

Re: EVM Hangout Q4

Postby kshitij_y Fri Dec 20, 2013 10:40 am

Thanks

Return to “PMP® Open Forum”

Who is online

Users browsing this forum: No registered users and 10 guests