Q1: You are assisting a project manager who is building a brand new data centre for Seneca College. Project manager asked you to estimate the costs for the foundation. You have the following data: 35 cubic yards (CY) of soil to be removed, 2,300 pounds of steel rebar to be installed, and 25 CY of concrete to be placed. Soil removal costs $60/CY, steel rebar costs $2.50/pound installed; and concrete costs $350/CY placed. Calculate how much the foundation will cost, using the parametric estimating method.

Q2: You are providing a status for a 14-week project, which is scheduled to be 50 percent complete at this time. You have completed 9 of the 16 deliverables in this project and spent $1200 of the total project cost of $1900.

What is Estimate at Completion (EAC)?

Round your answer to 2 decimal places.

Q3: You are performing an earned value analysis (EVM) on your 28-week project. The project was scheduled to be 50% complete at this time. You have completed 14 of the 32 deliverbles (all of equal value). You have spent $28,000 of your original budget of $48,000.

What is the Estimated Time to Complete?