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Given a project with the following characteristics, answer the following questions: You are the project manager to upgrade the generators at cell phone towers. Your
Given a project with the following characteristics, answer the following questions: You are the project manager to upgrade the generators at cell phone towers. Your project is scheduled to last for 12 months. It is the beginning of month 4. Your crews are to upgrade 8 cell towers per month for 12 months.Each generator is planned to cost $40,000 which includes equipment, labor, and fuel costs. You have upgraded 30 cell phone towers and your cost performance index (CPI) is 0.96. How is the project performing? What is your reason? Right now what is the actual cost of the project? What is your reason ? Assuming that the cost variance is constant, how much money will it take to complete the project? What is your reason? What is the project cost at completion of the variance experienced to this point stopped? Give your reason? Using the project's budget at completion, what is the project's TCPI? What is your reason? When you give an update to senior management today, what percentage of the project you will report completed? What is your reason? You are managing a training project with an initial budget estimate of $5,000. During interim cost and schedule performance analysis you figure out that you should have spent $750 till now based on your initial plans and 6 days of schedule activities. You spent $1000 till now and completed 8 weeks of schedule activities which should have cost $1,160 based on your initial plans. You re-estimated the budget required for the remaining work to be done as $4,500. What are the CPI and SPI? What is your reason? A project has an original project budget of $1150 and both the cost performance index and schedule performance index are equal to 1. Assuming the project will continue to spend money at the same rate, what is the estimate at completion (EAC) of the project? What is your reason? A project has an earned value (EV)=$5, actual cost (AC) =$7 and both cost performance index and schedule performance index equals 0.90. The original project budget is $10. Assuming the remaining work will be impacted by the current cost performance and current schedule performance, what is estimate at completion (EAC) of the project? What is your reason
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