Homework/Assignment 5

Full Name of submitter: Vo Thi Thien My Student ID: IEIEIU18057

Your Group number is: 11

1. Earned Value (EV) for a new optic radar design project is calculated at $100,000 and the Actual Cost (AC) is $80,000. The Budget at Completion (BAC) is
estimated at $200,000. What is the current CPI on this project?

2. Earned Value (EV) for a new operating system design project is calculated at $300,000 and the Actual Cost (AC) is $280,000. The Budget at Completion
(BAC) is estimated at $500,000. The project is progressing well from a budgetary point of view, since the CPI value is greater than one.

What is the Estimate at Completion (EAC) if the future work of the project is performed at the budgeted rate?

3. Present the budget plan of your Semester Project

Note:

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Answers/Works

Question 1:
EV = $100,000
AC = $80,000
BAC = $200,000
CPI = ? 
The current CPI of the project will be: 
CPI = EV / AC = $100,000 / $80,000 = 1.25

Question 2: 
EV = $300,000
AC = $280,000
BAC = $500,000
CPI > 1
EAC = ? assuming the future work of the project is performed at the budgeted rate
EAC = AC + (BAC - EV) = $280,000 + $500,000 - $300,000 = $480,000

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Question 3:
Given the following project plan:

Estimated
ID Task Precedessor Duration (days) Budget (VND)
A1 Collecting data of the current IU parking lot 1 990,000.0
A2 Alternative analysis A1 5 2,500,000.0
Performing financial projections of the selected
A3 alternative A2 4 2,666,666.7
A4 Plan scope management A3 2 2,400,000.0
A5 Design detail of the new parking lot A4 7 12,600,000.0
A6 Plan schedule management A5 2 800,000.0
A7 Plan cost management A9 3 2,400,000.0
A8 Plan quality management A9 4 1,600,000.0
A9 Plan resource management A5 3 1,200,000.0
A1
0 Plan communication management A6 2 800,000.0
A1
1 Plan risk management A9 3 2,400,000.0
A1
2 Plan procurement management A7,A8 2 1,600,000.0
A1
3 Plan stakeholder engagement A10 3 2,400,000.0
A1
4 Direct and manage the project work 4 1,600,000.0
A1
5 Finding contractor A14 7 12,600,000.0
A1 Acquire resources A15 26 46,800,000.0

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6
A1
7 Develop team A16 21 13,230,000.0
A1
8 Implement risk responses A17 5 6,752,250.0
A2
1 Equipment preparation 5 3,000,000,000.0
A2
2 Remove old foundation 5 600,000,000.0
A2
3 Reinforce current land A22 16 500,000,000.0
A2
4 Construct new foundation A23 31 4,000,000,000.0
A2 Assemble steel columns and trusses of the 1st
5 floor A24 6 200,000,000.0
A2
6 Assemble fences of the 1st floor A25 2 80,000,000.0
A2
7 Building slope for vehicles A24 2 30,000,000.0
A2
8 Cast the 1st floor ceiling A24 6 60,000,000.0
A2
9 Building stainless steel stairs A25,A27,A28 3 30,000,000.0
A3
0 Assemble second floor columns and trusses A31 6 100,000,000.0
A3
1 Assemble the roof A30 6 100,000,000.0
A3
2 Assemble fences of the 2nd floor A31 1 80,000,000.0
A3
3 Install electrical systems A32 2 30,000,000.0
A3 Install firefighter system A32 3 15,000,000.0
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4
A3
5 Print the school-parking cards A32 1 8,000,000.0
A3
6 Install CCTV system A33 1 15,000,000.0
A3 Install automatic parking
7 system(camera,computer,RFID scanner,barriers) A36 1 10,000,000.0
A3
8 Managing communication 114 19,380,000.0
A3
9 Managing stakeholder engagement 114 19,380,000.0
A4
0 Managing materials 114 29,070,000.0
A4
1 Managing risks 114 38,760,000.0
A4
2 Managing quality of the construction 114 29,070,000.0
A4
3 Validate scope 114 19,380,000.0
A4
4 Control scope A43 114 29,070,000.0
A4
5 Control cost A43 114 29,070,000.0
A4
6 Control resources A43 114 29,070,000.0
A4
7 Monitor risks A43 114 38,760,000.0
A4
8 Monitor communication A43 114 6,000,000.0
A4
9 Control procurement A43 114 10,000,000.0
A5 Monitor stakeholder engagement A43 114 5,000,000.0
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 0
A5
1 Documenting A38->A50 6 2,040,000.0
A5
2 Close the project A51 1 340,000.0
Total 9,277,728,916.7
And the following progress status:

Statu
ID Task s Actual start (days) Actual duration (days) Actual cost (VND)
A1 Collecting data of the current IU parking lot 100% 1,200,000.0
A2 Alternative analysis 100% late 3 days 3 days 1,500,000.0
A3 Performing financial projections of the selected alternative 100% late 3 days 2 days 3,000,000.0
A4 Plan scope management 100% late 4 days 4 days 1,600,000.0
A5 Design detail of the new parking lot 100% late 6 days 18,000,000.0
A6 Plan schedule management 100% late 2 days 1,500,000.0
A7 Plan cost management 100% late 5 days 4,000,000.0
A8 Plan resource management 100% late 1 day 1,600,000.0
A9 Plan quality management 100% 3,000,000.0
A1
0 Plan communication management 100% 1,200,000.0
A1
1 Plan risk management 100% 4,000,000.0
A1
2 Plan procurement management 100% 2,000,000.0
A1
3 Plan stakeholder engagement 100% 2,000,000.0
A1
4 Direct and manage the project work 100% 1,000,000.0
A1
5 Finding contractor 100% 40,000,000.0

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A1
6 Acquire human resources 100% late 5 days 21,000,000.0
A1
7 Develop team 100% 10,000,000.0
A1
8 Implement risk responses 100% 4,000,000.0
A2
1 equipment preparation 100% late 10 days 3,200,000,000.0
A2
2 Remove old foundation 0% 500,000,000.0
A2
3 Reinforce current land 0% late 3 days 700,000,000.0
A2
4 Construct new foundation 50% 4,200,000,000.0
A2
5 Assemble steel columns and trusses of the 1st floor 0% 150,000,000.0
A2
6 Assemble fences of the 1st floor 0% 85,000,000.0
A2
7 Building slope for vehicles 0% 25,000,000.0
A2
8 Cast the 1st floor ceiling 0% 100,000,000.0
A2
9 Building stainless steel stairs 0% 20,000,000.0
A3
0 Assemble second floor columns and trusses 0% 150,000,000.0
A3
1 Assemble the roof 0% 250,000,000.0
A3
2 Assemble fences of the 2nd floor 0% 85,000,000.0
A3
3 Install electrical systems 0% 24,000,000.0

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A3
4 Install firefighter system 0% 20,000,000.0
A3
5 Print the school-parking cards 0% 85,000,000.0
A3
6 Install CCTV system 0% 17,000,000.0
A3 Install automatic parking system(cameras, computers, RFID scanners,
7 barriers) 0% 90,000,000.0
A3
8 Managing communication 0% 50,000,000.0
A3
9 Managing stakeholder engagement 0% 50,000,000.0
A4
0 Managing materials 0% 100,000,000.0
A4
1 Managing risks 0% 40,000,000.0
A4
2 Managing quality of the construction 0% 60,000,000.0
A4
3 Validate scope 0% 10,000,000.0
A4
4 Control scope 0% 40,000,000.0
A4
5 Control cost 0% 32,000,000.0
A4
6 Control resources 0% 60,000,000.0
A4
7 Monitor risks 0% 24,000,000.0
A4
8 Monitor communication 0% 4,000,000.0
A4
9 Control procurement 0% 6,000,000.0

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 A5
0 Monitor stakeholder engagement 0% 3,000,000.0
A5
1 Documenting 0% 1,000,000.0
A5
2 Close the project 0% 1,000,000.0
total 10,224,600,000.0

Initiating the Collecting data Alternative Performing Plan scope Design detail Plan schedule Plan resource Plan cost
project of the current analysis financial management of the new management management management
projections of parking lot Plan
parking lot
the selected procurement
alternative Plan quality management
management

Plan risk
management

Implement risk
Plan Plan stakeholder
responses
communication engagement
management
Direct and Finding Acquire Develop team
manage the contractor resources Conduct procurements
project work
printing school-parking cards
assemble steel
columns and
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trusses of the
8 second floor assemble
Constructing the Remove old reinforce construct new build stainless assemble the fences of the installing firefighter system
1st floor columns and
parking lot foundation current land foundation steel stairs roof second
trusses
floorinstalling
building slope
for vehicles installing electrical systems
Using the previous Gantt chart and the following estimated budget and process status tables, we come up with the Gantt chart of the actual plan: associated file

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