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1. Why are equipment costs for company-owned equipment hard to project? 2. What is a project closeout audit and why should it be performed? 3.

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1. Why are equipment costs for company-owned equipment hard to project? 2. What is a project closeout audit and why should it be performed? 3. What are the best target levels for the CPI? 4. What are the key steps in the monitoring and controlling process? 5. During the design phase, what are the steps for monitoring and controlling costs? 1 6. Determine the estimated cost of the work performed cach weck given the tasks - with their associated costs and schedules - shown in the following table (Table 7-4). When a task spans more than one week, the costs should be divided equally among the weeks. Table 7-4 Week Task Cost (5) Start Finish Excavation 2,200 1 1 Footings and Foundation 19,600 2 3 Waterproofing 900 3 3 Backfill and Under Slab Gravel 2,000 4 4 Slab on Grade 22,300 4 Masonry 54,000 5 7 Structural Steel 2,400 8 8 Joist and Deck 11,900 8 8 Hollow Metal Doors and Hardware 2,100 9 9 Overhead Doors 10,100 9 9 Skylights 5,800 9 9 Roof Insulation 5,600 10 10 Membrane Roofing 13,000 10 10 Heating 15,600 11 11 Electrical 29,800 11 12 Cleanup 1,000 12 12 7. (Show all steps in your calculation) A project consists of six tasks. Task A is to begin at the start of Week I and finish at the end of Week 4. Task Bis scheduled to begin at the start of Week 1 and finish at the end of Week 2 Task C is scheduled to begin at the start of Week 3 and finish at the end of Week 4. Task Dis scheduled to begin at the start of Weck I and end at the end of Week 1 Task Eis scheduled to start at the beginning of Week 2 and end at the end of Week 4. Task Fis schedule to begin at the start of Week 4 and at the end of Week 4. The budgeted cost for Task A is $10,000. Task Bis $2.000, for Task C is $3,000 for Task Dis 1.000. for Task Eis 56,000 and for Task Fis $4,000. At the end of the third week. Task A is 80%. Task B is 100% complete. Task C is 40% complete. Task Dis 100%. Task Eis 55% complete and Task Fhas not yet started. What is the SPI for the project at the end of the third week! b. The ACWP at the end of the third week for the project is $16.00. Determine the CPI for the project. c. Determine the total estimated cost at completion and estimated cost to complete for the project assuming the CPt remains the same through the remainder of the job 8. On a design-build project, who assumes the responsibility for developing a design that meets the owner's requirements that can be constructed for the established budget? 2

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