Provide a detailed analysis of the status of this project. Describe any required courses of action.

BUDGETED vs ACTUAL COST:

REASONS FOR DIFFERENCES: The differences in cost/schedule are:

CV & CEV:

CPI:

FORECASTS: ?If efficiency (CPI) remains the same ?Even if all remaining work is completed as budgeted (CPI=1) ?To complete the project at the budgeted cost

COURSE(S) OF ACTION:

TIME-COST TRADEOFF EXERCISE

Based on the figure shown above, answer the following questions:

a. What is the total cost and duration of the project if all activities are performed in their normal time?

b. What is the per-week crash cost for:

(1) Activity A?

(2) Activity B?

(3) Activity C?

(4) Activity D?

c. What is the shortest possible project completion time?

d. What is the lowest possible cost to achieve the time given in answer c? (Provide the new total cost and the cost and durations used for each activity to achieve this cost and schedule.) ?New total cost: ?Activity A: New cost: New duration: ?Activity B: New cost: New duration: ?Activity C: New cost: New duration: ?Activity D: New cost: New duration:

Search 1:52PM Sun Apr 7 59% 479_assign4.docx . . . CIS 479 - Assignment 4 [15pts] Individual Assignment * *Submit answers in a Word document via Blackboard by due date (see Bb). Project Analysis: o Complete the attached Project Analysis Exercise . Time-Cost Tradeoff: o Complete the attached Time-Cost Tradeoff Exercise PROJECT ANALYSIS EXERCISE Based on the following tables, answer questions a through h. Week TBC 1 2 3 4 5 Task 1 30 20 10 Task 2 40 20 10 10 Task 3 50 30 20 Task 4 25 10 15 BUDGETED COSTS *Numbers are in $thousands Week 1 2 3 4 5 ACTUAL Task 1 25 10 COSTS Task 2 15 20 Task 3 42 Task 4 *Numbers are in Sthousands Week 1 2 3 4 5 PERCENTAGE Task 1 60 100 OF WORK Task 2 50 100 COMPLETE Task 3 90 Task 41M1:22 49 [ ] &~ 479_assign4.pdf h. Provide a detailed analysis of the status of this project. Describe any required courses of action. BUDGETED CTUAL COST: REASONS FOR DIFFERENCES: The differences in cost/schedule are: vV EV: CPL: FORECASTS: If efficiency (CPI) remains the same * Even if all remaining work is completed as budgeted (CPI=1) To complete the project at the budgeted cost ACTION: TIME- T TRADEOFF EXERCISE A B N =6, $40,000 N =7, $55,000 C =4, 844,000 C =5, 865,000 Start Finish e C D N=6,$30,000 | N=8, $65,000 C =6, $30,000 C =6, $69,000 * Times shown in weeks Based on the figure shown above, answer the following questions: a. What is the total cost and duration of the project if all activities are performed in their normal time? b. What is the per-week crash cost for: (1) Activity A? (2) Activity B? (3) Activity C? (4) Activity D? c. What is the shortest possible project completion time? d. What is the lowest possible cost to achieve the time given in answer ? (Provide the new total cost and the cost and durations used for each activity to achieve this cost and schedule.) * New total cost: * Activity A: New cost: New duration: * Activity B: New cost: New duration: * Activity C: New cost: New duration: N et UL O1L