tag:blogger.com,1999:blog-7841045035613558472.post4838456325887072620..comments2019-05-22T05:06:41.825-07:00Comments on Just Get PMP: Doubt in Estimate At Completion (EAC) CalculationsManickhttp://www.blogger.com/profile/12079682297392808339noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7841045035613558472.post-32497545783597064832013-06-21T01:20:28.641-07:002013-06-21T01:20:28.641-07:00There are two parts in this question.
First part ...There are two parts in this question.<br /><br />First part is the main question; the answer to this question is addressed under the section "Solution to the given problem".<br /><br />The second part is the explanation given in item nos. 1, 2 & 3. Here, I have explained the various scenarios you may come across. For this, I have taken arbitrarily some values just to explain the concept. So, the PV of $400 is just an arbitrary value chosen just to explain the concept. It has nothing to do with the original question.Manickhttps://www.blogger.com/profile/03955831077336895958noreply@blogger.comtag:blogger.com,1999:blog-7841045035613558472.post-86446640643205734322013-06-21T01:02:26.108-07:002013-06-21T01:02:26.108-07:00Dear,
how you got a $400 for the PV
I dont see ...Dear,<br /><br />how you got a $400 for the PV <br /><br />I dont see any number in the question says that we are on the 4th day or we are planing to spent 400 ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7841045035613558472.post-48598971986099327492013-05-09T04:28:04.655-07:002013-05-09T04:28:04.655-07:00Thanks for highlighting the error. I have correcte...Thanks for highlighting the error. I have corrected and updated the post. But, in your calculation, there is a mistake too. I have shown the steps below.<br /><br />EAC= AC + {(BAC-EV) / (SPI * CPI)}<br /> = 200 + {(1000-100)/(0.25*0.5)}<br /> = 200 + {900/0.125}<br /> = 200 + 7200<br /> = $7400Manickhttps://www.blogger.com/profile/03955831077336895958noreply@blogger.comtag:blogger.com,1999:blog-7841045035613558472.post-40784929574770349082013-05-09T03:01:00.617-07:002013-05-09T03:01:00.617-07:00Manik,
Thank you very much for the post. Very well...Manik,<br />Thank you very much for the post. Very well explained. Your explanation cleared my doubts in EAC calculations.<br /><br />Please check the lines in scenario 3.<br /><br />So, PV = $400, EV = $100, AC = $200<br />SPI = EV/PV = 100/400 = 0.25<br />CPI = EV/AC = 100/200 = 0.50<br /><br />EAC = 200 + (1000-100)/(0.25*0.75) = $5000.<br /><br />Your calculated CPI is 0.50 and in the next line applied CPI is 0.75.<br />It should have been <br />EAC = 200 + (1000-100)/(0.25*0.50) = $8800.<br /><br />Thanks!Anonymousnoreply@blogger.com