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What is the Estimate at Completion (EAC) for the project?

by Osman
Words: 449
Pages: 2
Subject: Engineering
Topics: APA format, Assignment help, Estimate at Completion (EAC), Homework help, The Chief Engineer

Electrical Engineering Question

An engineering firm realizes that a new machine will be needed in seven years. The new machine is expected to

cost $2,589,000, at current cost, however, the machine is very popular, and supply has been limited, therefore, the

price escalates by 5% each year. The firm expects interest rates to be 2.5% for the next seven years with no

variation anticipated. The Chief Engineer would like to know how much money the firm would have to accumulate

at the end of each year over the next seven years to be able to pay cash for the machine.

  1. Project Denali has three tasks. Task A has a PV of $2,500, is 85% complete, and actually cost $2,169 so far. Task

B has a PV$3,258 is 78% complete, and actually cost $3,030 so far. Task C has a PV of $2,875, is 90% complete,

and actually cost $3,310 so far. The total budget is $8,633.

  1. What is the Estimate at Completion (EAC) for the project?
  2. What is the Estimate to Completion for the project?
  3. What is the CPI for the project?
  4. What is the SPI for the project?
  5. You are the project manager for a very important e-learning project that will add 25 identical web portals for the

separate divisions of a large, international company. Although some differences in the web portals exist, for

planning and execution purposes, the portals are considered to be identical. The plan requires the entire team

working on and completing a web portal before beginning the next web portal. Your team has completed the

planning process and is in the middle of executing the project. Web portal priorities have been established and

agreed to by all stakeholders. Therefore, the most time critical web portals are started and completed first. Your

budget baseline allows $255,000 to complete each web portal. You are conducting a team progress review at the

end of the 15th week of the project. You find out that the Earned Value is$1,020,000 and the Actual Cost is

$1,189,000.

  1. The team has been able to implement the plan with some difficulties. Based on the information provided,

how many web portals has the team implemented by the end of the 15th week?

  1. What is the EV at the end of the 15th week?
  2. What is the CV at the end of the 15th week?
  3. What is the BAC?
  4. Assume that the planned length of the project is 75 weeks. What is the Planned Value at the end of week

15?

  1. What is the EAC at the end of the 15th week?

 

ENMA 700 – Extra Credit Final Exam – Spring 2019

  1. Find the Net Present Value for each of the projects listed below:

Project

Alpha

Project

Bravo

Project

Delta Project Echo

i 8.0% 9.2% 6.0% 9.8%

Compounded Annually Quarterly Monthly Annual

Initial

Investment (18,000) (42,000) (24,500) (128,655)

Cash Flows

(Years)

1 $18,756 $6,525 $3,850 $38,500

2 $18,756 $6,500 $3,850 $38,500

3 $18,756 $6,475 $3,850 $38,500

4 $18,756 $6,450 $3,850 $38,500

5 $18,756 $6,425 $3,850 $38,500

6 $18,756 $6,400 $3,850 $38,500