Practice:

1. Refer to the table below. What is the cumulative budgeted cost at the end of week 6? Amounts are in thousands of dollars. Week TBC 1 2 3 4 5 6 7 8 9 10 Task 1 30 10 15 5 Task 2 70 10 10 10 20 10 10 Task 3 40 5 5 25 5 Task 4 30 5 5 20 Total 170 10 25 15 10 25 15 35 10 5 20 Cumulative 2. Below is a table of actual costs. What is the cumulative actual cost at the end of week 6? Determine whether there is a cost overrun or under-run. What is causing it? Amounts are in thousands of dollars. Week 1 2 3 4 5 6 Task 1 10 16 8 Task 2 10 10 12 24 12 Task 3 5 5 Task 4 Total 10 26 18 12 29 17 Cumulative Amounts are in thousands of dollars. 3. Below is a table of the cumulative percentages of work completed by the end of week 6. What is the cumulative earned value of the project at the end of week 6? Is it good? Week 1 2 3 5 6 Task 1 30 80 100 Task 2 10 25 35 55 65 Task 3 10 20 Task 4 Amounts are cumulative percent complete. 4. What is the CPI at the end of week 6? What is the CV? 5. Calculate the FCAC using the first two methods described