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Question 1 UdM Company Ltd was awarded the contract for the production of recycled plastic benches & chairs. The contract specifies the production of 500
Question 1 UdM Company Ltd was awarded the contract for the production of recycled plastic benches & chairs. The contract specifies the production of 500 benches and 1000 chairs. The rate of production of benches and chairs are 100 per month and 250 per month respectively. The table 1.0 below depicts the project plan. Activity Start End Production Rate/mth 500 Total cost (MUR) 150,000 Benches Feb 1 June 30 Chairs March 1 June 30 1000 150,000 300,000 Total Table 1.0: project plan Table 1.1 shows what happened at the end of April. Activity Start Elapsed Number of copies produced Total cost time (MUR) Benches Feb 1 3 months 150 75,000 Chairs March 1 2 months 600 60,000 Total 135,000 Table 1.1: project status as of April 30 a) Determine the PV,EV and AC for the production of Benches & chairs through April 30 b) Determine the SV,CV.SPI & CPI for the production of benches & chairs through April 30. c) Forecast the EAC for Benches & chairs for the following scenarios: 1. Assume remaining work is performed at the originally budgeted rate. 2. Assume remaining work is performed at the same CPI as the work performed to date. PG 1 d) Determine the overall status of your project for the following scenarios: 1. Assume remaining work is performed at the originally budgeted rate. 2. Assume remaining work is performed at the same CPI as the work performed to date. e) Comment on your performance analysis summary
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