What is the cost variance?

What is the new forecasted total cost at completion if you use Method 1?

What is the new forecast total at completion if you use Method 2?

Part Three: Forecast Project Cost Answer the following questions, using as much space as you need Refer back to the sample project examined in module two and imagine that everything is executed perfectly. Imagine that you're now in time period 17. Activity 4-5 is now complete as scheduled, and Activity 3-6 has also just completed, two periods ahead of schedule. Imagine that Resource A cost $6,000 for each period it was active on Activity 3-6: 5 periods, not the 7 periods at $5,000 per period expected. You are now ahead. 7 A A 1 6 5 3-6 1-2 5-6 1-4 2-3 4-5 n 22 25 24 25 27 28 26 30 12 114 1 1617 Resource 9L uer Sept 1 L AON Dec 16 LL uer tO LAew July 17 Aug 1 April 18 Part Three: Forecast Project Cost Answer the following questions, using as much space as you need Refer back to the sample project examined in module two and imagine that everything is executed perfectly. Imagine that you're now in time period 17. Activity 4-5 is now complete as scheduled, and Activity 3-6 has also just completed, two periods ahead of schedule. Imagine that Resource A cost $6,000 for each period it was active on Activity 3-6: 5 periods, not the 7 periods at $5,000 per period expected. You are now ahead. 7 A A 1 6 5 3-6 1-2 5-6 1-4 2-3 4-5 n 22 25 24 25 27 28 26 30 12 114 1 1617 Resource 9L uer Sept 1 L AON Dec 16 LL uer tO LAew July 17 Aug 1 April 18