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You status your time and materials project using EVM techniques and compile the following information in anticipation of a meeting with your client to discuss
You status your time and materials project using EVM techniques and compile the following information in anticipation of a meeting with your client to discuss your progress: Initial price 2 $180,000 Total project duration = 6 months [assume 20 working days per month} Total direct cost budget = $90,000 You are 3 months into the project. Project % complete = 45% Actual cost [billing terms] = $90,000 Actual cost [direct] $40,000 Planned value (billing terms) = $101,250 Planned value (direct) = 550,000 Answer the following and show your work. 1. What is your identified Final Cost Forecast [in dollars}? 2. What is your identified Project duration Forecast {in days}
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