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MU Finance Determining the Projects Current Progress Questions

MU Finance Determining the Projects Current Progress Questions


Please answer the following questions:

1. At a weekly meeting during the project implementation, the project manager Charlie used the following table to inform everyone of the current progress. According to this table, find the current progress of the project. (20 points)


Planned  Value

Percent Completion

Actual  Cost





Detailed Design








2. For a project in progress, the current PV=$2200, EV=$2000, AC=$2500, find the current project’s SV and project status & CPI and cost performance.  (20 points)

3. A project manager decomposes the work of the system integration project he is responsible for and estimates the cost of each work unit to obtain its planned cost. At the end of the fourth month, the planned cost, actual cost, and percentage completion of each task are as follows :

Task Name Planned Cost Actual Cost percentage completion

A 100000 90000 80%

B 70000 65000 100%

C 80000 75000 90%

D 90000 85000 90%

E 50000 50000 100%

F 20000 20000 90%

Question 1: 

Please calculate the PV, EV, and AC values of the project at the end of the fourth month, and write down the calculation process. Please evaluate the implementation performance of this project in terms of schedule and cost, and explain. 

Question 2: 

Someone thinks that if a certain project stage’s actual cost (AC) is less than the planned cost (PV), the project cost is saved now. Do you think this statement is correct? Please explain why. (15 points)

Question 3: 

(1) What is this project’s estimated cost at completion (EAC) if the project no longer has cost deviations starting from the fifth month? 

(2) What is the project’s estimated cost at completion (EAC) if it continues to develop as it is? (10 points)

(3) According to the project’s current status, what measures can the project manager take? (10 points)

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