Question
QUESTION 1 (20 MARKS) Your project is required to install lighting fixtures in a 200-room hotel. You must install 5 lighting fixtures in each room.
QUESTION 1 (20 MARKS) Your project is required to install lighting fixtures in a 200-room hotel. You must install 5 lighting fixtures in each room. Your projects approved budget is R500,000 and the approved schedule is 14 weeks. After 8 weeks, you have 110 of the rooms completed and you have spent R250,000. Determine the value for each of the terms below: Budget At Completion Planned Value Earned Value Actual Cost Cost Variance Schedule Variance Cost Performance Index Schedule Performance Index Estimate At Completion Estimate To Complete Variance At Completion
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started