SYSC 4106 Lecture Notes - Lecture 8: Fixed Price, Cash Flow, Contract Management

• School: Carleton University
• Department: Systems and Computer Engineering
• Course: SYSC 4106
• Professor: Samuel Ajila

Document Summary

If negative, then overbudget: schedule variance = bcwp bcws. If negative, then behind schedule: cv% = 100*cv/bcwp, sv% = 100*sv/bcws, both variances are measured in dollars. Ecac = bac (acwp/bcwp) (cid:862)bur(cid:374)ed(cid:863) / (cid:862)ear(cid:374)ed(cid:863: estimated time at completion (etac, forecast of total time to complete the project. Cpi = (bcwp / acwp) (cid:862)ear(cid:374)ed(cid:863) / (cid:862)bur(cid:374)ed(cid:863: schedule performance index (spi, a control chart value indicating closeness to schedule, ahead > 1 > behind. 8 < cr < . 9 or 1. 2 < cr < 1. 3. Cr = spi cpi: given formula but need to know how to interpret results, evm data accumulation, evm example. Iso 12207 acquisition and supply process: you want to acquire something and have someone who will supply it (a supplier). Lack of price pressure can assist product quality: disadvantages, customer liability the customer absorbs all the risk associated with poorly defined or changing requirements.