Q1) The following bar chart shows the activities to complete a project in six months for a total cost of $1480. After 2 months, activities A, B, C, D and half of E are completed, for a cost of $520. What is the status of the project in terms of the budget (over or under) and the schedule (ahead or behind)? Give the answers in terms of schedule and cost performance indices. Month 1 A Activity A B C D E F G H I J Cost $ 100 200 60 80 40 150 300 100 50 400 Month Month Month 2 3 4 B C DEF G H Month 5 I Month 6 J
Q1) The following bar chart shows the activities to complete a project in six months for a total cost of $1480. After 2 months, activities A, B, C, D and half of E are completed, for a cost of $520. What is the status of the project in terms of the budget (over or under) and the schedule (ahead or behind)? Give the answers in terms of schedule and cost performance indices. Month 1 A Activity A B C D E F G H I J Cost $ 100 200 60 80 40 150 300 100 50 400 Month Month Month 2 3 4 B C DEF G H Month 5 I Month 6 J
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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Transcribed Image Text:Q1) The following bar chart shows the activities to complete a project in six months for a
total cost of $1480. After 2 months, activities A, B, C, D and half of E are completed,
for a cost of $520. What is the status of the project in terms of the budget (over or
under) and the schedule (ahead or behind)? Give the answers in terms of schedule
and cost performance indices.
Month
1
A
Activity
A
B
C
D
E
F
G
H
I
J
Cost $
100
200
60
80
40
150
300
100
50
400
Month Month Month
2
3
4
B
C
DEF
G
H
Month
5
I
Month
6
J
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