Question
UdM Company Ltd was awarded the contract for the production of recycled plastic benches & chairs. The contract specifies the production of 500 benches and
UdM Company Ltd was awarded the contract for the production of recycled plastic benches & chairs. The contract specifies the production of 500 benches and 1000 chairs. The rate of production of benches and chairs are 100 per month and 250 per month respectively. The table 1.0 below depicts the project plan.
a) Determine the PV,EV and AC for the production of Benches & chairs through April 30
b) Determine the SV,CV.SPI & CPI for the production of benches & chairs through April 30.
c) Forecast the EAC for Benches & chairs for the following scenarios:
1. Assume remaining work is performed at the originally budgeted rate.
2. Assume remaining work is performed at the same CPI as the work performed to date. PG 1
d) Determine the overall status of your project for the following scenarios:
1. Assume remaining work is performed at the originally budgeted rate.
2. Assume remaining work is performed at the same CPI as the work performed to date.
e) Comment on your performance analysis summary.
Activity Benches Chairs Total Start Feb 1 March 1 End June 30 June 30 Production Rate/mth 500 1000 Table 1.0: project plan Total cost (MUR) 150,000 150,000 300,000 Table 1.1 shows what happened at the end of April. Activity Start Benches Feb 1 Chairs Total March 1 Elapsed time 3 months 2 months Number of copies produced Total cost (MUR) 75,000 60,000 135,000 150 600 Table 1.1: project status as of April 30
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