A project segment consists of three tasks. Task A is scheduled to begin at the start of Week 1 and finish at the end of Week 3. Task B is 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 2 and end at the end of Week 3. Budgeted cost for Task A is $148,450, for Task B is $121,000, and for Task C is $93,900. A total of $86,000 is being carried for a contingency. This project has a very high level of risk, supporting a risk factor of 35% which equates to labor coverage of $71,649. Coincidentally, labor costs are running approximately 15% over budget due to project complexity. At the end of week two, Task A is 50% complete, Task B is 80% complete and Task C is 45% complete. Calculate project schedule performance index for tasks A, B and C corresponding to end of week two. Indicate project schedule status based on calculated SP index. 01.0675; Behind schedule er O 0.7991; Behind schedule 0.6807: Ahead of schedule 0.8922: Ahead of schedule 1.0025: Ahead of schedule A project segment consists of three tasks. Task A is scheduled to begin at the start of Week 1 and finish at the end of Week 3. Task B is 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 2 and end at the end of Week 3. Budgeted cost for Task A is $148,450, for Task B is $121,000, and for Task C is $93.900. A total of $86,000 is being carried for a contingency. This project has a very high level of risk, supporting a risk factor of 35% which equates to labor coverage of $71,649. Coincidentally, labor costs are running approximately 15% over budget due to project complexity. At the end of week two, Task A is 50% complete, Task B is 80% complete, and Task C is 45% complete. Actual cost of work for tasks A, B and C performed at the end of week two for project segment is $151,000 and none of your allocated risk factor funds have been used. Labor costs remain over budget but are not getting worse. Balance of your contingency fund remains strong with $47,800 of $86,000 remaining. 100 percent of unused contingency is returned to the project owner. Calculate cost performance index for project segment. Indicate project budget status based on calculated CPI index. O 1.4125: Under budget 1.1355; Over budget * 0.9522: Under budget O 0.9522: Over budget O 0.8685; Under budget A construction company has total revenues on Project 8650 of $936,804, total construction costs of $729,332, labor costs of $208,000, material costs of $145,525, subcontractor costs of $328,744, equipment costs of $47,063, fixed overhead costs of $79,880, variable overhead costs of $52,490 and mixed overhead costs of $12,642 for the year. Risk factor assigned to this project is 24% with a minimum profit of 4.75%. Determine the company's percentage of construction revenues that became profits. 8.72% O 10.15% 0 4.75% 6.67% 09.52% A construction company has total revenues on Project 8650 of $936,804, total construction costs of $729,332, labor costs of $208,000, material costs of $145,525, subcontractor costs of $328,744, equipment costs of $47,063, fixed overhead costs of $79,880, variable overhead costs of $52,490 and mixed overhead costs of $12,642 for the year. Risk factor assigned to this project is 24% with a minimum profit of 4.75%. Assume revenue, construction costs, labor costs, material costs, subcontractor costs, equipment costs, fixed, mixed and variable overhead costs come in exactly (to the penny) of what was shown as a subtotal immediately before profit was figured and added to finalize your bid. Determine the company's percentage of costs that became profits. 4.75% CD 6.67% 8.94% 5.88% 07.14% Calculate break-even volume of work for a company with fixed overhead of $256,333, contribution margin ratio of 8.8%, risk factor of 25% and required profit level of $146,011. O $4,572,091 O $2,912,875 $1,659,216 $3,641,094 $5.715,114 A key goal of all construction companies is to: O contribute to local organizations in support of charitable causes O provide an accurate proforma indicating repayment terms of shareholder equity O assist project owners with cash flow management o provide a return on investment to shareholders a and d 1/.. U Question 33 4 pts A growing construction company should employ which of the following strategies in attaining sustainable, profitable growth? O Specialization Taking on marginally profitable projects O employee stock purchase plan to encourage staff retention o take on all possible projects regardless of profitability realizing volume of work increases bonding capacity all answers are solid strategies ge 20 Question 34 4 pts er Which of the following project management tools would be least likely to increase jobsite productivity? O Management By Walking Around (MBWA) Just in time delivery Weekly written performance evaluations for trade supervisors and trade workers Collaboration of all team members on schedule and performance milestones Sharing a "thanks for your hard work today MacBook Air