Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

of (14 points) Consider the following project to shoot a television commercial. The following table provides for each project activity, the duration, the list of

image text in transcribed
image text in transcribed
of (14 points) Consider the following project to shoot a television commercial. The following table provides for each project activity, the duration, the list of predecessors, the total budget, the earliest start time (ES), the earliest finish time (EF), and the status of completion as of the end of week 24. The project manager is worried about the budget since the actual costs (AC) at the end of week 24 have risen to $7,500 FI Ti Activity Predecessors ES EF Duration Budget % (weeks) ($) completed 6 900 100 A:Write script o 6 B:Screen actors 6 1,200 100 0 6 6 12 C:Select actors A 6 100 D:Contract studio 12 100 6 18 E:Obtain pros 1,200 1,800 1,400 1,500 14 100 12 26 B, C B,C,D DE 10 40 18 F.Schedule date G: Shoot commercial 28 16 800 0 26 42 (a) (8 points) Assume that the PV values for each activity are based on the time proportionality assumption (i.e., the task overall budget is uniformly distributed over its duration), calculate at end of week 24 the total value of PV as well as the total value of EV PV = (with no comma nor space) EV (with no comma nor space) MacBook Air commercial (a) (8 points) Assume that the PV values for each activity are based on the time proportionality assumption (i.e, the task overall budget is uniformly distributed over its duration), calculate at end of week 24 the total value of PV as well as the total value of EV. PV = (with no comma nor space) EV = (with no comma nor space) (b) (6 points) Based on your answer on question (a) above, calculate the values of CPI, and SPI. Is there a cost overage (i.e., over budget) or underage (ie., under budget)? How much is it? Is the project ahead or behind the schedule? CPI = (keep 3 decimals) EV = (keep 3 decimals) Is there a cost overage (write 1) or underage (write 0) Ainount of cost overage or underage (ignore the sign) Is the project ahead (write 1) or behind (write 0) the schedule? MacBook Air of (14 points) Consider the following project to shoot a television commercial. The following table provides for each project activity, the duration, the list of predecessors, the total budget, the earliest start time (ES), the earliest finish time (EF), and the status of completion as of the end of week 24. The project manager is worried about the budget since the actual costs (AC) at the end of week 24 have risen to $7,500 FI Ti Activity Predecessors ES EF Duration Budget % (weeks) ($) completed 6 900 100 A:Write script o 6 B:Screen actors 6 1,200 100 0 6 6 12 C:Select actors A 6 100 D:Contract studio 12 100 6 18 E:Obtain pros 1,200 1,800 1,400 1,500 14 100 12 26 B, C B,C,D DE 10 40 18 F.Schedule date G: Shoot commercial 28 16 800 0 26 42 (a) (8 points) Assume that the PV values for each activity are based on the time proportionality assumption (i.e., the task overall budget is uniformly distributed over its duration), calculate at end of week 24 the total value of PV as well as the total value of EV PV = (with no comma nor space) EV (with no comma nor space) MacBook Air commercial (a) (8 points) Assume that the PV values for each activity are based on the time proportionality assumption (i.e, the task overall budget is uniformly distributed over its duration), calculate at end of week 24 the total value of PV as well as the total value of EV. PV = (with no comma nor space) EV = (with no comma nor space) (b) (6 points) Based on your answer on question (a) above, calculate the values of CPI, and SPI. Is there a cost overage (i.e., over budget) or underage (ie., under budget)? How much is it? Is the project ahead or behind the schedule? CPI = (keep 3 decimals) EV = (keep 3 decimals) Is there a cost overage (write 1) or underage (write 0) Ainount of cost overage or underage (ignore the sign) Is the project ahead (write 1) or behind (write 0) the schedule? MacBook Air

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Statistics Informed Decisions Using Data

Authors: Michael Sullivan III

5th Edition

9780134133539

Students also viewed these Finance questions