EVM Hangout Q5

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EVM Hangout Q5

Postby indusharma Thu Dec 19, 2013 8:59 am

Nancy is managing a project and WBS of her project has got two code of accounts. The planned costs for these code of accounts are $6,000 (1.1) and $7,000(1.2) respectively. The project is planned to be finished in 20 days. On completion of fifth day, 10% of work for 1.1 and 15% of 1.2 has been done. On sixth day, she came to know an issue that few basic business functionalities had been missed while documenting the requirement, the impact of the issue is such that re-estimate is done for both code of accounts as $8,000 for 1.1 and $10,000 for 1.2. What is estimate at completion for the project?

Indu Sharma
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Re: EVM Hangout Q5

Postby kshitij_y Thu Dec 19, 2013 6:15 pm

Answer is A) $18000 as Total of $8,000 for 1.1 and $10,000 for 1.2.

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