Question
The cost baseline for a project is as follows: Month 1 2 3 4 5 Total Planned Expenditure $30,000 $30,000 $40,000 $50,000 $50,000 $200,000 At
The cost baseline for a project is as follows:
| Month | 1 | 2 | 3 | 4 | 5 | Total |
| Planned Expenditure | $30,000 | $30,000 | $40,000 | $50,000 | $50,000 | $200,000 |
At the end of the first month, the project manager finds that the actual expenditure is $25,000. She also estimates that the projects rate of performance to be 80%.
- How is the projects performance at the end of the first month, in terms of budget and schedule?
- Based on the performances at the end of the first month, re-estimate the budget and schedule for this project.
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
