Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

it has been given the following information about Project Delta. The project started on October 23, 2017 and the project manager asks you for help

it has been given the following information about Project Delta. The project started on October 23, 2017 and the project manager asks you for help on assessing its ongoing progress (as completed through November 6, 2017, the current date) by doing the following tasks. For submission, attach the completed MS Project and submit via Canvas upload.

Activity Duration Predecessors Resource % complete

A. Research product 6 - Tom Allen 100

B. Interview customers 4 A Liz Watts 75

C. Design survey 5 A Rich Watkins 50

D. Collect data 4 B, C Gary Sims 0

Now, suppose we assign costs to each of the resources in the following amounts.

Resource Cost

Tom Allen $50/hour

Liz Watts $55/hour

Rich Watkins $18/hour

Gary Sims $12.50/hour

1.1) Using the above project data, enter the various tasks and create a Gantt chart using MS Project. Assign the individuals responsible for each activity and enter the resource cost rate data into the project. Don't forget to save the baseline!

1.2) Create the Cash flow statement for the project baseline. What is the planned project budget per task?

1.3) Once you have completed the Baseline, update the project information with the percentage complete tool. What does the tracking Gantt Chart look like?

1.4) Originally, the human resources costs are the only planned expenditures. However, in carrying out Task A, research product, a total of $1,500 extra cost was incurred to purchase some research tools. Use MS Project to create an Earned Value report of the most recent project status.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Principles Of Finance

Authors: Julie Dahlquist, Rainford Knight

1st Edition

979-8439388899

Students also viewed these Accounting questions

Question

=+b) What are the null and alternative hypotheses?

Answered: 1 week ago