Question
Project Planning Data You are managing a project to build a 6 - sided shape parking lot fence . The approved budgeted cost of the
Project Planning Data You are managing a project to build a 6 - sided shape parking lot fence . The approved budgeted cost of the fence is $ 15 per linear meter . The construction sequence is as follows : Side 1 is 160 meters long and it can start now . Side 2 is 150 meters long and it will start 2 weeks after side 1 is completed . Side 3 is 150 meters long and it will start 1 week before side 2 is completed . Side 4 is 150 meters long and it will start after side 3 is completed Side 5 is 150 meters long and it will start after side 4 is completed . Side 6 is 150 meters long and it will start after side 5 is completed . The duration of each side is 1 week Side 1 also requires the installation of a one - meter diam- eter culvert / pipe under the fence . The culvert installation is budgeted for $ 1,650 in total , it can be done in parallel with the construction of Side 1 , and it will be completed in one week . Actual Project Performance and the end of 4.5 Weeks : The first side of the fence and the culvert are completed . The second side is completed Third side has 100 linear meters of fencing installed . Fourth side has 20 linear meters of fencing installed . The total amount spent up to this point is $ 12,000 in total . Calculations at the end of 4.5 Weeks : 1. Budget at completion : 5 MARKS 2. Planned value : 5 MARKS 3. Earned 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 currently expect the total project cost to be at the end of the project ? ( 2 MARKS ) 7. From the end of 4.5 weeks , how much MORE do you expect to spend to finish the project ? ( 2 MARKS ) What should be the future cost performance level required to finish the project on budget.(2MARKS)
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