Question
1) Given a project with the following characteristics. You are the project manager of a project to build fancy birdhouses. You are to build two
1) Given a project with the following characteristics.
You are the project manager of a project to build fancy birdhouses.
You are to build two birdhouses a month for 12 months.
Each birdhouse is planned to cost $100.
Your project is scheduled to last for 12 months.
It is the beginning of month 10.
You have built 20 birdhouses and your CPI is .9091.
Answer the following questions based on the above project characteristics:
1. How is the project performing?
2. What is the actual cost of the project right now?
3. Assuming that the COST variance experienced so far in the project will continue, how much more money will it take to complete the project?
4. If the variance experienced so far were to stop, what is the projects estimate at completion?
5. What is the projects TCPI using the projects budget at completion?
6. Senior management wants to the percentage of the project that is complete. What should you report?
This question is from Earned value analysis concept from the Software engineering course.
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