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You are the new project manager tasked with taking over for a project manager who left six weeks ago. Some of the numbers that you

  1. You are the new project manager tasked with taking over for a project manager who left six weeks ago. Some of the numbers that you find in your initial research are as follows:
    1. Estimated project cost: $675,000
    2. Project timeline: 24 weeks
    3. This is week 16 and accumulated costs are $300,000.
    4. Additionally, only 25% of the work has been complete
  1. What is the cost variance?(3 points)
  2. What is the schedule variance?(3 points)
  3. What will be the estimated costat completion?(4 points)

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