Question 1a: Refer to the table below of budgeted costs. What is the cumulative budgeted cost (CBC) at the end of week 4? (SHOW ALL WORK/CALCULATIONS TO RECEIVE FULL CREDIT)

	Week
	TBC	1	2	3	4	5	6
Task 1	40	10	16	14
Task 2	71		9	15	18	14	15
Task 3	14				7	7
Task 4	16					8	8
Total	141	10	25	29	25	29	23
Cumulative Budgeted Cost

Amounts are in thousands of dollars.

Question 1b. Below is a table of actual costs. What is the cumulative actual cost at the end of week 4? Determine whether there is a cost overrun or underrun. What is causing it? (SHOW ALL WORK/CALCULATIONS TO RECEIVE FULL CREDIT)

Week
	1	2	3	4	5	6
Task 1	12	14	10
Task 2		10	15	20	14	15
Task 3				6	6
Task 4
Total	12	24	25	26	20	15
Cumulative Actual Costs

Amounts are in thousands of dollars.

Question 1c. Below is a table of the cumulative percentages of work completed by the end of week 6. What is the cumulative earned value of the project at the end of week 4? Is it good? (SHOW ALL WORK/CALCULATIONS TO RECEIVE FULL CREDIT)

Cumulative Earned Value at End of Week 4

		Week
	TBC	1	2	3	4	5	6
Task 1	40
Task 2	71
Task 3	14
Task 4	16
Cumulative Earned Value

Show Calculations Here

Question 1d. What is the CPI at the end of week 4? What is the CV? Should corrective action be taken? If so, why? If not, why? (SHOW ALL WORK/CALCULATIONS TO RECEIVE FULL CREDIT)

Question 1e. Calculate the FCAC using the first two methods described in the chapter (see page 258). (SHOW ALL WORK/CALCULATIONS TO RECEIVE FULL CREDIT)

Method 1

Method 2

Amounts are cumulative percent compiete