1. You are in the middle of the planning phase for the light rail system project. You have being requested to identify the cost that would be involved in surveying and reviewing the site of the light rail system with the delivery of preliminary designs that can then be used to award a fixed-price contract to a civil-design vendor. The following are the list of activities from the work breakdown structure (TABLE 1), the latest network diagram (FIGURE 1), and a table of estimated costs (TABLE 2). a. Your assignment is to present a cost baseline budget (PV) that represents the agreed price for this project. Assume the costs will be spread out equally over the duration. [25 marks] b. In the middle of the planning phase for the light rail system project, you have been requested to identify the cost that would be involved in surveying and reviewing the site of the light rail system with the delivery of preliminary designs that can then be used to award a fixed-price contract to a civil-design vendor. After 7 weeks, the actual cost running at RM330,000 and the earned value at RM270,000. However, at week 11, the actual cost is RM340,000 with the earned value at RM300,000. Perform Earned Value Analysis (EVA) and comment on the performance of the project between week 7 and week11. [25 marks] TABLE 1 Activity Activity Duration (Weeks) 2 B 3 mo | | 4 D 3 E Identify scope of site reviews Environmental review of sites Perform site survey Identify vendors to perform surveys Identify rail sites Architecture review Review surveys Agree on design scope Identify vendors to perform design contract 2 TI F 3 3 G G 1 H 6 LO I 3 3 TABLE 2 Activity Activity A Estimated Costs (RM) 10,000 60,000 120,000 B D E Identify scope of site reviews Environmental review of sites Perform site survey Identify vendors to perform surveys Identify rail sites Architecture review Review surveys Agree on design scope Identify vendors to perform design contract 60,000 10,000 12,000 F G 5,000 H 180,000 60,000 0 3 3 3 3 6 D B 0 3 7 10 10 1 11 G 10 11 11 6 17 0 2 2 3 4 7 7 3 10 Finish H A Start C F 11 17 1 3 3 7 7 10 0 2 2 2 3 5 E 1 2 3 14 17 FIGURE 1