A fixed price contract including a profit of 340,000 totals 4.6 million with no reserve. In a progress report the CEV was given as 2.75 million and actual cost was 2.8 million. What is the forecasted (estimated) profit in units of currency using forecasting based on the assumption that cost performance on the contract to date will continue for the remainder of the project?

Data on a project based on network calculation methods using planned duration and data on budgeted cost, actual duration, and actual cost for completed activities is below. Note that updated start and finish calculation is required for a portion of the question.

Activity	Predecessor	CPM Calculated Planned Start	Planned Duration	CPM Planned Finish	Activity Budget Cost	Actual Duration	Actual Cost
A		0	3	3	3,000	4	3,400
B	A	3	4	7	8,400	5	9,600
C	B	7	5	12	4,500	4	4,800
D	C	12	6	18	6,600
E	D	18	5	23	3,500
F	E	23	4	27	3,600
G	F	27	4	31	10,000
H	G	31	2	33	1,800

a. What is the planned cumulative budgeted cost at the end of day 14?

b. Based on the actual finish times what is the actual cost at the end of day 14 including estimates of costs based on planned cost for activities in progress on that day assuming the project is executed on a soon as possible schedule?