A project budget calls for the following expenditures

Business Question

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Question

Part1: Read any Chapter 11: Resource Planning or Chapter 12: Budget Planning and pick a topic and write a summary in 500+ words and should be in APA format and cite all references.

Part2:

Earned-value analysis. A project budget calls for the following expenditures:

Task

Date

Budgeted Amount

Build forms

April 1

$10,000

Pour foundation

April 1

$50,000

May 1

$100,000

Frame walls

May 1

$30,000

June 1

$30,000

Remaining tasks

July 1 and beyond

$500,000

Define each term in your own words, calculate these values for the above project, and show your work:

Budgeted cost baseline (make a graph illustrating this one)
Budget at completion (BAC)
Planned value (PV) as of May 1
Earned value (EV) as of May 1 if the foundation work is only two-thirds complete. Everything else is on schedule.
SV as of May 1.
The actual cost as of May 1 is $160,000. Calculate the cost variance (CV) as of May 1.
Schedule performance index (SPI)
Cost performance index (CPI)
Estimate to Complete (ETC), assuming that the previous cost variances will not affect future costs
Estimate at completion (EAC)
Use the only the textbook for this reference.

This assignment will only require a textbook for reference. I have attached the text.

 

Requirements: Part1 500+ words

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