Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I need help Problem 5-6 (Algo) A project to build a new bridge seems to be going very well since the project is well ahead
I need help
Problem 5-6 (Algo) A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be running very low. A major milestone has been reached where the first two activities have been totally completed and the third activity is 63% complete. The planners were expecting to be only52% through the third activity at this time. The first activity involves prepping the site for the bridge it was expected that this would cost $1.422,000 and it was done for only $1,302,000. The second activity was the pouring of concrete for the bridge. This was expected to cost $10,502,000 but was actually done for $9.002,000. The third and final activity is the actual construction of the bridge superstructure. This was expected to cost a total of $8,502,000. To date, they have spent $5,002,000 on the superstructure. Calculate the schedule variance, schedule performance index, and cost performance Index for the project to date. (Round your "performance Index" values to 3 decimal places.) Schedule variance Schedule performance index Cont performance Index Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started