agement studies at CPUT, he projected that e nated that the side will all need the same am plete the project at a total budget of R4000, all eholders to prepare an Earned Value Status ertains that as of the end of day three. total cos at is the EV at Day Three? None of these 2800

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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QUESTION 4
Peter is construction a square-shaped wall. Using the estimation skills, he gained during his Advanced Diploma in Project
Management studies at CPUT, he projected that each side will require the same material and labour costs and he also
estimated that the side will all need the same amount of time to complete. He estimated that t wil take four days to
complete the project at a total budget of R4000, all things being equal At the end of day three, Peter is instructed by the
stakeholders to prepare an Earned Value Status Analysis in order to determine how the project is progressing He
ascertains that as of the end of day three. total costs incurred thus far are R3500 and 70% of the project has been done
What is the EV at Day Three?
None of these
2800
O 2700
2900
O 3000
Transcribed Image Text:QUESTION 4 Peter is construction a square-shaped wall. Using the estimation skills, he gained during his Advanced Diploma in Project Management studies at CPUT, he projected that each side will require the same material and labour costs and he also estimated that the side will all need the same amount of time to complete. He estimated that t wil take four days to complete the project at a total budget of R4000, all things being equal At the end of day three, Peter is instructed by the stakeholders to prepare an Earned Value Status Analysis in order to determine how the project is progressing He ascertains that as of the end of day three. total costs incurred thus far are R3500 and 70% of the project has been done What is the EV at Day Three? None of these 2800 O 2700 2900 O 3000
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