Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Project Planning Data (Hrs.) Your project consists of activities A to F , and it is planned as follows : Duration Labour Activity Dependency (

image text in transcribedProject Planning Data (Hrs.) Your project consists of activities A to F , and it is planned as follows : Duration Labour Activity Dependency ( Wks . ) A Starts now 1 180 B Follows A 1 180 Follows A 1 180 D Follows C 1 160 E Starts 2 wks after D is completed 1 160 F Follows E 1 160 In addition The cost of labour is $ 87 / hour . A phase end review meeting is planned right after activity D is completed at a cost of $ 6.500 Actual Project Performance and the end of 3.5 Weeks Completed : Activities and phase review meeting Activities C and E 115 hrs and 125 hrs respectively of actual work is done Activity D : 45 % completed The total amount spent up to this point is $ 61,500 in total Calculate at the end of Weeks 1 Budget at completion : 5 MARKS 2 Planned value 5 MARKS 3 Eamed value 5 MARKS 4 CPI ( four decimal points ) AND INTERPRET THE RESULT 2 MARKS ( four decimal points ) AND INTERPRET THE RESULT MARKS 6 What do you currently expect the total project cost to be at the end of the project ( 2 MARKS 7 From the end of 3.5 weeks , how much MORE do you expect to cost to finish the project ? 2 MARKS What should be the future cost performance level required to finish the project on budget 2 MARKS You can also insert SHOW YOUR CALCULATIONS No calculations , no marks You can use the HTML Editor to enter your answer in tables Images and files

Prolect Plannlng Pata Your prolect consists of activities A to F. and it is dlanned as follows: In addition: - The cost of labour is $87 hour. - A phase end review meeting is planned right after activity D is completed at a cost of $6.500. Actual Prolect Performance and the end of 3.5 Weeks: - Compieled: Activities A, B, and phase review meeting - Activities C and E: 115 hrs. and 125 hrs. respectively of actual work is done. - Activity D: 45% completed - The total amount spent up to this point is $61,500 in total Calculate at the end of 3.5 Weeks: 1. Budget at completon: 5 MARKS 2. Planned value: 5 MARKS 3. Eamed value 5 MARKS. 4 CPI (four decimal points) AND INTERPRET THE RESULT 2 MARKS 5. SPI (four decimal points) AND INTERPRET THE RESULT. 2 MARKS 6 What do you curcently expect the tolal propet cost to be at the end of the project? ( 2 MARKS) 7 From the end of 35 weoks, how much MORE to you expect to cost to finish the project? 12 MARKS) 8. What should be the future cost performance icuel required to finish the project on budget. 2 MARKS) SHOW YOUR CALCULATIONS. No calculations, no marks You can use the HTML. Editor to enter your answer in fables. You can also insert images and files

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

Cost management a strategic approach

Authors: Edward J. Blocher, David E. Stout, Gary Cokins

5th edition

73526940, 978-0073526942

More Books

Students also viewed these Accounting questions