Given a project with the following characteristics, answer the following questions: You are the project manager of a project to build fancy birdhouses. You are to build two birdhouses a month for 12 months. Each birdhouse is planned to cost $100. Your project is scheduled to last for 12 months. It is the beginning of month 10. You have built 20 birdhouses and your CPI is 9091. a. Assuming that the COST variance experienced so far in the project will continue, how much more money will it take to complete the project? b. If the variance experienced so far were to stop, what is the project's estimate at completion?
Given a project with the following characteristics, answer the following questions: You are the project manager of a project to build fancy birdhouses. You are to build two birdhouses a month for 12 months. Each birdhouse is planned to cost $100. Your project is scheduled to last for 12 months. It is the beginning of month 10. You have built 20 birdhouses and your CPI is 9091. a. Assuming that the COST variance experienced so far in the project will continue, how much more money will it take to complete the project? b. If the variance experienced so far were to stop, what is the project's estimate at completion?
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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Given a project with the following characteristics, answer the following questions:
You are the project manager of a project to build fancy birdhouses.
You are to build two birdhouses a month for 12 months.
Each birdhouse is planned to cost $100.
Your project is
It is the beginning of month 10. You have built 20 birdhouses and your CPI is 9091.
a. Assuming that the COST variance experienced so far in the project will continue, how much more money
will it take to complete the project?
b. If the variance experienced so far were to stop, what is the project's estimate at completion?
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