Questions: Task 4 - Complete ten (10) missing EVM information in the table provided. EVM, Acronym, Answer, Formulae Actual Cost, Actual Cost, R 1519155,00, Budget at Completion, BAC, R 1534000,00, Cost Performance Index, CPI, , Cost Variance, CV, R 103000,00, CV=EV-AC Earned Value, EV, R 1622155,00, Estimate at Completion, EAC, , Estimate to Complete, ETC, , Planned Value, PV, R 1399155,00, Schedule Performance Index, SPI, , Schedule Variance, SV, ,

Task 4 - Complete ten (10) missing EVM information in the table provided.

EVM, Acronym, Answer, Formulae

Actual Cost, Actual Cost, R 1519155,00, 

Budget at Completion, BAC, R 1534000,00, 

Cost Performance Index, CPI, , 

Cost Variance, CV, R 103000,00, CV=EV-AC

Earned Value, EV, R 1622155,00, 

Estimate at Completion, EAC, , 

Estimate to Complete, ETC, , 

Planned Value, PV, R 1399155,00, 

Schedule Performance Index, SPI, , 

Schedule Variance, SV, ,
Transcript text: Task 4 - Complete ten (10) missing EVM information in the table provided. \begin{tabular}{|l|c|l|c|} \hline \multicolumn{1}{|c|}{ EVM } & Acronym & \multicolumn{1}{|c|}{ Answer } & Formulae \\ \hline Actual Cost & Actual Cost & $\mathrm{R} \quad 1519155,00$ & \\ \hline Budget at Completion & BAC & $\mathrm{R} \quad 1534000,00$ & \\ \hline Cost Performance Index & CPI & & \\ \hline Cost Variance & CV & $\mathrm{R} \quad 103000,00$ & $\mathrm{CV}=\mathrm{EV}-\mathrm{AC}$ \\ \hline Earned Value & EV & $\mathrm{R} 1622155,00$ & \\ \hline Estimate at Completion & EAC & & \\ \hline Estimate to Complete & ETC & & \\ \hline Planned Value & PV & $\mathrm{R} 1399155,00$ & \\ \hline \begin{tabular}{l} Schedule Performance \\ Index \end{tabular} & SPI & & \\ \hline Schedule Variance & SV & & \\ \hline \end{tabular}
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Solution

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To complete the missing EVM (Earned Value Management) information in the table, we need to use the given data and apply the relevant formulas. Let's go through each missing value step by step:

  1. Cost Performance Index (CPI):

    • Formula: \(\text{CPI} = \frac{\text{EV}}{\text{AC}}\)
    • Given: EV = R 1,622,155.00, AC = R 1,519,155.00
    • Calculation: \(\text{CPI} = \frac{1,622,155}{1,519,155} \approx 1.068\)
  2. Estimate at Completion (EAC):

    • Formula: \(\text{EAC} = \frac{\text{BAC}}{\text{CPI}}\)
    • Given: BAC = R 1,534,000.00, CPI ≈ 1.068
    • Calculation: \(\text{EAC} = \frac{1,534,000}{1.068} \approx 1,436,518.54\)
  3. Estimate to Complete (ETC):

    • Formula: \(\text{ETC} = \text{EAC} - \text{AC}\)
    • Given: EAC ≈ R 1,436,518.54, AC = R 1,519,155.00
    • Calculation: \(\text{ETC} = 1,436,518.54 - 1,519,155.00 \approx -82,636.46\)
  4. Schedule Performance Index (SPI):

    • Formula: \(\text{SPI} = \frac{\text{EV}}{\text{PV}}\)
    • Given: EV = R 1,622,155.00, PV = R 1,399,155.00
    • Calculation: \(\text{SPI} = \frac{1,622,155}{1,399,155} \approx 1.159\)
  5. Schedule Variance (SV):

    • Formula: \(\text{SV} = \text{EV} - \text{PV}\)
    • Given: EV = R 1,622,155.00, PV = R 1,399,155.00
    • Calculation: \(\text{SV} = 1,622,155 - 1,399,155 = 223,000.00\)

Summary of Calculated Values:

  • CPI: 1.068
  • EAC: R 1,436,518.54
  • ETC: R -82,636.46
  • SPI: 1.159
  • SV: R 223,000.00

These calculations complete the missing EVM information in the table.

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