b) A fuel increase caused trash costs to increase by $50 per day and the demo work took longer than expected. This further caused the construction work to be delayed and extra cost was incurred to catch up. The carpenter became ill due to a pandemic and less-skilled workers had to be called in to finish the work, which drove up the costs and impacted efficiency. The resultant actual costs for activities 7-9 are given below. Complete the chart by calculating the Total and Cumulative Actual cost (CAC). Day Activity 29 30 31 32 33 34 35 $600 $600 $800 7 Demo old deli walls and floors $1,200 $2,700 $2,700 $2,700 8 Construct new walls and floors $2,700 $500 9 Install self-service dispensers Total CAC Consider the following Construction Project: Project Scope: Create new deli area and remodel old deli area into beer and wine department ( 2 ROOMS) Resources: Plumbers, Electricians, Carpenters, Finishers The total approved budget for this project is $ 55,000, inclusive of management reserve Costs Activity 5: There are 2 refrigerated cases and 3 soda racks Activity 9: The dispensers require testing and calibration Activity Cost Cost Activity Description 1 Project Kickoff $200 Rate Sheet Includes lunch for project sponsor and other invited guests Material 2 Frame new Deli $2,500 Daily Rate (per worker) Resource 3 Install plumbing Material 1500 PM $1200 4 Install electrical Material $1,200 Carpenter $400 5 install Appliances Material $1000 per case, $300 per soda rack Plumber $500 6 Finish Room Material $400 Electrician $600 7 Demo old deli walls and floors Trash Hauling $150/day Finisher $400 Material $10,000 8 Construct new walls and floors Testing and calibrating services $100/day 9 Install self-service dispensers 10 Final Inspection/ Acceptance Inspector fees $150/room Page 2 2) Table 2.1 shows the durations and starts for activities 7,8,9. Table 2.1 Activity Estimated Duration ES 7 Demo old deli walls and floors 2 29 5 31 8 Construct new walls and floors 9 Install self-service dispensers 5 36 a) Using Table 2.1 as a reference, calculate the Total and Cumulative Budgeted Cost (CBC). Day Activity TBC 29 30 31 32 33 34 35 36 37 38 39 40 7 Demo old deli walls and floors 8 Construct new walls and floors 9 Install self- service dispensers Total CBC Page 4 b) A fuel increase caused trash costs to increase by $50 per day and the demo work took longer than expected. This further caused the construction work to be delayed and extra cost was incurred to catch up. The carpenter became ill due to a pandemic and less-skilled workers had to be called in to finish the work, which drove up the costs and impacted efficiency. The resultant actual costs for activities 7-9 are given below. Complete the chart by calculating the Total and Cumulative Actual cost (CAC). Day Activity 29 30 31 32 33 34 35 $600 $600 $800 7 Demo old deli walls and floors $1,200 $2,700 $2,700 $2,700 8 Construct new walls and floors $2,700 $500 9 Install self-service dispensers Total CAC Consider the following Construction Project: Project Scope: Create new deli area and remodel old deli area into beer and wine department ( 2 ROOMS) Resources: Plumbers, Electricians, Carpenters, Finishers The total approved budget for this project is $ 55,000, inclusive of management reserve Costs Activity 5: There are 2 refrigerated cases and 3 soda racks Activity 9: The dispensers require testing and calibration Activity Cost Cost Activity Description 1 Project Kickoff $200 Rate Sheet Includes lunch for project sponsor and other invited guests Material 2 Frame new Deli $2,500 Daily Rate (per worker) Resource 3 Install plumbing Material 1500 PM $1200 4 Install electrical Material $1,200 Carpenter $400 5 install Appliances Material $1000 per case, $300 per soda rack Plumber $500 6 Finish Room Material $400 Electrician $600 7 Demo old deli walls and floors Trash Hauling $150/day Finisher $400 Material $10,000 8 Construct new walls and floors Testing and calibrating services $100/day 9 Install self-service dispensers 10 Final Inspection/ Acceptance Inspector fees $150/room Page 2 2) Table 2.1 shows the durations and starts for activities 7,8,9. Table 2.1 Activity Estimated Duration ES 7 Demo old deli walls and floors 2 29 5 31 8 Construct new walls and floors 9 Install self-service dispensers 5 36 a) Using Table 2.1 as a reference, calculate the Total and Cumulative Budgeted Cost (CBC). Day Activity TBC 29 30 31 32 33 34 35 36 37 38 39 40 7 Demo old deli walls and floors 8 Construct new walls and floors 9 Install self- service dispensers Total CBC Page 4
