Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Given the following data for work packages in a PERT/Cost network at week 18: Activity Immediate Predecessors Budgeted Time (weeks) Budgeted Cost (planned) Percent Complete

Given the following data for work packages in a PERT/Cost network at week 18:

Activity

Immediate Predecessors

Budgeted Time (weeks)

Budgeted Cost (planned)

Percent Complete

Expense To Date

A

--

12

$50,000

100%

$48,000

B

--

8

$20,000

100%

$21,000

C

A

6

$60,000

75%

$40,000

D

B

16

$40,000

50%

$25,000

E

C, D

16

$45,000

0%

0

F

B

28

$80,000

75%

$55,000

Is the project currently, experiencing a cost overrun?

Ltfen birini sein:

a. The project is currently, experiencing cost overrun, the value of work= 189000, the actual cost=195000

b. The project is currently, experiencing cost overrun, the budgeted cost=295000, the value of work= 189000

c. The project is currently, experiencing cost underrun, the value of work= 195000, the actual cost=189000

d. The project is currently, experiencing cost underrun, the budgeted cost=295000, the value of work= 189000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Management Of Health Care Organizations

Authors: William N. Zelman, Michael J. McCue, Alan R. Millikan, Noah D. Glick

2nd Edition

063123098X, 9780631230984

More Books

Students also viewed these Finance questions

Question

Dont off er e-mail communication if you arent going to respond.

Answered: 1 week ago