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Project Planning Data Your project consists of the following activities and it is planned as follows: Total Duration Labour Activity Predecessors (Wks.) (Hrs) A Starts
Project Planning Data Your project consists of the following activities and it is planned as follows: Total Duration Labour Activity Predecessors (Wks.) (Hrs) A Starts now 3 100 B Starts now 3 200 Starts now 3 300 D B 150 E AD 200 F 120 G E,F 200 NINNW WWW In addition: Labour cost: Activities A, B, C, and D $80/hrs. For the remaining activities $60/hr. An audit meeting is required to at the end of activity D at an estimated cost of $6,000. Actual Project Performance and the end of six weeks: Activities A, B, C, D and audit meeting are completed. Activities E and F fifty percent and seventy five percent completed respectively. The total amount spent up to this point is $70,000. Calculations from the start to the end of six 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 5.5 weeks, how much MORE do you expect to spend to finish the project? (2 MARKS) 8. What should be the future cost performance level required to finish the project on budget. (2 MARKS)
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