Running head: BCWP ANALYSIS 1

BCWP Analysis
William Taylor Pittman
PJM330-1 Effective Project Scheduling and Control
Colorado State University Global Campus
Professor Steven Powelson
March 31, 2014

















BCWP Analysis 2


BCWP Analysis
The following table of values will be used to calculate the requested equations.

Activity
%
Complete
Budgeted
Cost for
Work
Scheduled
Budgeted
Cost for
Work
Performed
Actual
cost for
Work
Performed
Cost
Variance
Schedule
Variance
Total
Budget
AB 100 6000 6000 6200 200 6000
AC 60 15000 12000 12500 500 -3000 20000
AD 100 7500 7500 7400 100 7500
BF 40 2000 6000 4500 1500 4000 15000
CE 0 0 0 0 2500
DE* 0 0 0 0 10500
EF 0 0 3000
TOTAL 64500

Cost Variance ($) = BCWP ACWP
Ex. Cost Variance for activity AB =
$6000 - $6200 = -200 or 200 dollars over budget
AB = $200 over budget
AC = $500 over budget
AD = $100 under budget
BF = $1500 under budget
Schedule Variance ($) = BCWP BCWS
Ex. Schedule Variance for activity AC =
$12000 $15000 = -3000 dollars of variance
AB = Completed
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AC = ($3000)
AD = Completed
BF = $4000
Schedule Variance (weeks) = Schedule Variance ($) / Average weekly BCWS
Ex. Schedule Variance in weeks for activity AC =
-3000 / ((3000+4000+4000+4000+5000)/5) = -0.75
weeks or 1 week behind schedule
BF = 1.3 weeks or 1 weeks ahead of schedule
Cost - at - completion = rate of spending*total budget = ACWP/BCWP*total budget
AB = $6,200
AC =($12,500/$12,000)*$20,000 = $20,833.33
AD = $7,400
BF = ($4,500/$6,000)*15,000 = $11,250.00
CE = $2,500
DE = $10,500
EF = $3,000
Total Cost at completion:
$6,200+$20,833.33+$7,400+$11,250+$2,500+$10,500+$3,000 = $61,683.33
CPI = BCWP/ACWP
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Ex. AB = 6000/6200 = 0.97
AC = 0.96
AD = 1.01
BF = 1.33
SPI = BCWP/BCWS
Ex. AB =6000/6000 = 1
AC = 0.8
AD = 1
BF = 3
Written Analysis to questions:
1. Calculating total percent complete:
AB: At 100% complete, $6,000 total budget
AC At 60% complete, $20,000 total budget
AD At 100% complete, $7,500 total budget
BF At 40% complete, $15,000 total budget
CE At 0% complete, $2,500 total budget
DE At 0% complete, $10,500 total budget
EF At 0% complete, $3,000 total budget
Summing completed work dollars:
$6,000+$12,000+$7,500+$6,000+$0+$0+$0 = $31,500 work completed
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Summing total project budget:
$6000+$20000+$7500+$15000+$2500+$10500+$3000 = $64500 total project budget
Finding percentage of budget completed:
31500/64500*100 = 48.84 % complete(total project)

By finding the total percent complete, we find that the project is about midway completed with
total completion percentage of 48.84%. Tasks AB & AD are completed. Task AB ran over budget
by $200 while task AD ran under budget by $100. This proximity of AB & AD to budget shows
that good estimation procedures were used in formulating the budget. AC is 60% percent
complete showing an acceptable variance of $500. With 40% more work to be completed and
7,500 dollars to complete, only a minor overrun is predicted. However, this task is running
behind track and will take an extra week to complete. When looking at the schedule, this will
not cause a total schedule increase. BF is 40% complete and ahead of schedule with $2000
BCWS and 6000 BCWP. This variance between BCWS and BCWP results in a completion time for
the task to be one week ahead of schedule. Tasks CE, DE, & EF have yet to begin. Since BF is
scheduled to finish early in week 7, further delay of DE becomes a concern as it could potentially
extend the total time of the project.
2. BF has had the most positive impact on the project and if it maintains its pace, will complete
under budget by $3,750 or 25%. BF has also had the most positive impact because the
anticipated completion date. With BF running ahead of schedule and with is being the last task
BCWP Analysis 6


to complete results in a total schedule decrease of 1 week. Assuming DE does not extend the
schedule.
3. So far, AC has had the most negative impact on the project. In the future DE could possibly take
its place because of the extension of total schedule. AC is slightly behind track and because of
this, duration will increase by about a week and cost will exceed budgeted values.