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Question 29 1.25 points Save Answer You are a project manager for a condominium project in Toronto and are preparing a progress report at
Question 29 1.25 points Save Answer You are a project manager for a condominium project in Toronto and are preparing a progress report at Month 8. The following progress data is available. What would be the overall percent completion for the project using the Cost Ratio Method? PROJECT ABC CONDOMINIUM PROJECT PROJECT DUR 12 MONTHS REPORTING PI MONTH 8 Project Progress Data Job Cost Code Job Cost Description 1 2 Original Budget 3 Changes to Date Actual Cost to Date 4 5 Estimated Cost to Complete 6 01.000 02.000 Building Struct 03.000 Interior Finish Site Construct $1,000,000|| $3,500,000 $2,000,000 $100,000 $1,000,000 $0 $400,000 $3,500,000 $500,000 $0 $1,000,000 $1,000,000 04.000 MEP $2,000,000 $0 $250,000 $1,500,000 Totals for Project $8,500,000 $500,000 $5,750,000 $3,000,000 65.72% 69.23% 63.64% 67.57%
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