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To install a 10,000 feet fence at a cost of $10.00/per foot. It is estimated that 500 feet of fence can be installed per week for a total of 20 weeks. After 12 weeks and with 50% of work completed $45,000.00 has been spent. Calculate the following and submit the exercise results in a Word document.

Budget at Completion (BAC) = ___________________________ #feet fence * cost/foot

Planned Value (PV) - ________________________________ BAC * (%time passed)

Earned Value (EV) _______________________________________ BAC * % completed

Actual Cost (AC) _________________________________________

Cost Variance (CV) _________________________________________ EV - AC

Schedule Variance (SV) _________________________________________ EV - PV

Cost Performance Index (CPI) ____________________________________ EV/AC %

Schedule Performance Index (SPI) ___________________________________ EV/PV %

Estimate at Completion (EAC) _____________________________________ BAC/CPI

Estimate to Complete (ETC) ____________________________________ EAC - AC

Variance at Completion (VAC) ____________________________________ BAC-EAC

To Complete Performance Index ______________________________ (BAC-EV)/(BAC/AC)

Operation Management, Management Studies

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