On June 12, 2002, Delta Corporation was awarded a $160,000 contract for testing a product. The contract consisted of $143,000 for labor and materials, and the remaining $17,000 was profit. The contract had a scheduled start date of July 3. The network logic, as defined by the project manager and approved by the customer, consisted of the following:

Activity .......Time (Weeks)

AB .........7

AC ...........10

AD .........8

BC .........4

BE .........2

CF .........3

DF .........5

EF .........2

FG .........1

On August 27, 2002, the executive steering committee received the following report indicating the status of the project at the end of the eighth week:

The steering committee could not identify the real status of the project from this brief report. Even after comparing this brief status report with the project planning budget (see Table 15–13), the real status was not readily apparent.
Management instructed the project manager to prepare a better status report that depicted the true status of the project, as well as the amount of profit that could be expected at project completion. Your assignment is to prepare a table such as Table15–12.

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Time Remaining (Weeks) Activity % Complete Actual Cost AB AC AD BC BE 100 60 87.5 50 50 $23,500 19,200 7,500 8,000 5,500