Question
Think of two different projects of two different natures: One being construction and one being software. a. Hypothesize the shape of the cumulative cost curve
Think of two different projects of two different natures: One being construction and one being software. a. Hypothesize the shape of the cumulative cost curve for each project and draw them both together, i.e. on one graph. Identify a few key points on the graph (points of slope change) with proper annotations on the graph explaining the reasons for these changes. Then, in one paragraph (below the graph), explain why the two graphs look different (e.g. S, J, linear, reverse S, or J). You can use bold/underline formatting to highlight your key reasons.
b. Pick ONE of the two projects from part (a) and Redraw its cost curve in a new graph, then overlay a practical, reasonable, and fair* cumulative cash inflows (i.e. how you get paid in time by the client). Then, in one paragraph (below the graph) explain why the cash inflows curve differs from the cost curve and identify areas of surplus/deficit cash.
*Reasonable and fair to both parties
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