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You have a project to build a new block wall. The block wall is four sided with all sides being equal. Each side is to

You have a project to build a new block wall. The block wall is four sided with all sides being equal. Each side is to take one day to build and is budgeted for $10,000 per side. The sides are planned to be completed one after the other. Regarding project financial management, specifically revenues and cash flows: You will be paid for each side as that side is completed and accepted. In this case, assume that the sides have a finish-to-finish relationship instead of a finish-to-start relationship so more than one side can be worked on at the same time (in parallel).

Activity

Day 1

Day 2

Day 3

Day 4

Status End of Day 3

Side 1

S------------F

Completed, spent $10,000

Side 2

S----F-----PF

Completed, spent $9,000, plus 50% of Day 3 work, spent $10,000

Side 3

S---

PS---------PF

75% of Day 4 work, spent $3,000

Side 4

S----

PS---------PF

Key:

S = Start, F = Actual Finish, PS = Planned Start and PF = Planned Finish

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