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Task A is worth $200, is 100% complete and actually cost $200Task B is worth $75, is 90% complete and has actually cost $120 so far.Task C is worth $200, is 75% complete and has actually cost $175 so far. The totalbudget is $1000. What is the total Earned Value for the tasks listed?

Question

Task A is worth 200,is100200, is 100% complete and actually cost 200Task B is worth 75,is9075, is 90% complete and has actually cost 120 so far.Task C is worth 200,is75200, is 75% complete and has actually cost 175 so far. The totalbudget is $1000. What is the total Earned Value for the tasks listed?

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Solution

To calculate the Earned Value (EV) for each task, you multiply the percentage of completion by the task's worth.

For Task A: EV = 100% of 200=200 = 200

For Task B: EV = 90% of 75=75 = 67.5

For Task C: EV = 75% of 200=200 = 150

To find the total Earned Value, you add up the EV of all tasks.

Total EV = EV of Task A + EV of Task B + EV of Task C Total EV = 200+200 + 67.5 + 150=150 = 417.5

So, the total Earned Value for the tasks listed is $417.5.

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