Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A project has 80 activities. At the end of period 11, activity A is 100% completed, activity B is 70% completed, activity C is 60%

image text in transcribed
A project has 80 activities. At the end of period 11, activity A is 100% completed, activity B is 70% completed, activity C is 60% completed, and activity D is 90% completed. The budgeted costs for these activities are shown below. According to the project plan, the cumulative budgeted cost at the end of period 11 is $372, 000 and the total project budgeted cost is $5, 300, 000. The cumulative actual cost at the end of period 11 is reported to be $369, 000 You have to perform calculation to evaluate the project performance at the end of period 11. The value of the Cost Variance is dollars The value of the Schedule variance is dollars The value of the Schedule Performance Index is The value of the Cost Performance Index is Assuming the project will continue with CPI of 1, the forecasted project cost at completion is dollars Assuming the project will continue at the CPI observed at the end of period 11, the forecasted project cost at completion is dollars

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Handbook Of The Economics Of Finance Corporate Finance Volume 1A

Authors: George M. Constantinides, M. Harris, Rene M. Stulz

1st Edition

0444513620, 978-0444513625

More Books

Students also viewed these Finance questions