Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hi, Would you mind to help me in answering this question please? Thanks. Project management presents many tools and techniques that allows the project

Hi,

Would you mind to help me in answering this question please? Thanks.

"Project management presents many tools and techniques that allows the project manager to measure the amount of work actually performed on a project beyond the basic review of cost and schedule reports.

a) Why S-curves are an important project management tool?

b) A contractor agreed to build 30 units of a product in 90 days at a price of RM800 per unit. 20 days later, the contractor has finished 8 units with an actual total cost (that includes his overhead and profit) of RM6800.

Assuming that the work is sequential and not parallel (i.e. the contractor works on one unit till it is finished then starts the next unit and so on), calculate the following:

  1. BCWS
  2. BCWP
  3. ACWP
  4. CV
  5. SV"

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

Step: 3

blur-text-image

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

Quantitative Analysis For Management

Authors: Barry Render, Ralph M. Stair, Michael E. Hanna

11th Edition

9780132997621, 132149117, 132997622, 978-0132149112

More Books

Students also viewed these General Management questions

Question

What is Bernoulli s equation and where is it applied?

Answered: 1 week ago