Use the Earned Value Table for Project Makeready to Calculate

question 31

Multiple Choice

Use the earned value table for Project Makeready to calculate their schedule performance index. $$\begin{array} { | l | l | l | l | l | l | l | l | l | l | } \hline \text { Activity } & 7 & 14 & 21 & 28 & 35 & 42 & 49 & \text { plan } & 8 \text { Complete } \\\hline \text { Install fixtures } & 325 & 250 & & & & & & 575 & 100 \% \\\hline \text { Refinish floors } & & 550 & 85 & & & & & 635 & 100 \% \\\hline \text { Replace doors } & & & 350 & 275 & & & & 625 & 100 \% \\\hline \text { Complete tiling } & & & & 1,200&565 & & & 1,765 & 80 \% \\\hline \text { Install back door } & & & & & 875 & 225 & & 1,100&70 \% \\\hline \text { Landscaping } & & & & & & 200 & 350 & 550 & 25 \% \\\hline \text { Monthly Plan } & 325 & 800 & 435 & 1,475 & 1,440&425 & 350 & 5,250 & \\\hline \text { Monthly Act } & 550 & 550 & 550 & 1,100 & 1,650 & 550 & 1,100 & & \\\hline\end{array}$$

• A)1.46
• B)0.68
• C)0.79
• D)1.26

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Definitions:

Zero-Coupon Bond

A Zero-Coupon Bond is a debt security that doesn't pay interest (a coupon) but is traded at a deep discount, rendering profit at maturity when the bond is redeemed for its full face value.

Yield To Maturity

The total return anticipated on a bond if it is held until the end of its lifetime.

Face Value

The nominal value printed on a financial instrument such as a bond or stock certificate; it is the amount paid at maturity or when the instrument is issued.

Current Price

The latest market price at which an asset or service is traded.