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A company is working on a project with 9 work packages. The duration of each work package is as follows: Work Package| Time (Weeks) A
A company is working on a project with 9 work packages. The duration of each work package is as follows: Work Package| Time (Weeks) A 7 B 10 C 8 D A E F N CI W N G H The value of each work package and the Gantt chart that were proposed during the planning phase are as follows: Total Period (week) Work budgeted Package cost 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 A $20,000 B $30,000 C $35,000 D $10,000 E $12,000 F $8,000 G $17,000 H $5,000 $3,000 We are in at the end of the eighth week (today's date is indicated on the Gantt chart) and the following report indicates the status of the project. Work package % complete Actual cost A 100 $23,000 B 60 $21,000 C 90 $36,200 D 50 $5,700 E 50 $7,000 We have not started the rest of the work packages. It is very important for the main stakeholders of the project that the project is finished without any delay. Assume that the budget for each work package is uniformly spent. Calculate the following parameters for the end of week 8: Cumulative Budgeted Cost (CBC), Cumulative Actual Cost (CAC), Cumulative Earned Value (CEV), Cost Performance Index (CPI), Cost Variance (CV), and To-Complete Performance Index (TCPI) for the project.
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