Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A whole project is budgeted at 50m, is set to last seven months, and contains 9 major tasks with costs and timings shown below. I
A whole project is budgeted at 50m, is set to last seven months, and contains 9 major tasks with costs and timings shown below. I apie 2 Assume an even spend rate in each task. At the end of 12 weeks (month 3 ) the position of the project in terms of assessed and actual expenditure is shown in Table 3 below: I abie s Using Earned value techniques: a. Using the information provided in Table 2 prepare a master programme for the project and then indicate its progress to date using the information provided in Table 3. [7 marks] b. Calculate the project performance to date and show in a table. Discuss the likely outcome for the project at completion if performance remains unchanged. [12 marks] c. Indicate graphically the earned value, budget and actual cost values week by week. On the same graph demonstrate the SV and CV values. Your graph does not have to be fully accurate but should indicate the shape and relative positions of the values. [6 marks]
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started