Answered: TABLE Q2a Immediate Expected Budget ID…

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

Billy has worked for Meta Solution Sdn. Bhd. (MSSB) for five years, mainly in administrative positions. Three months ago, he was informed that he was being transferred to the firm's IT project management group. Billy was excited because he realized that project management was typically the career path to the top in the MSSB, and everyone had to demonstrate the ability to "get their feet wet" by successfully running projects. Billy had just left a meeting with his superior, Bob, who assigned him project management responsibilities for a new software development the company had successfully bid.

It is now Week 14 of the project. The performance of the project is as summarized in TABLE Q2b. Report the progress of the project as at Week 14 using a Gantt Chart. Perform an analysis of the project status at Week 14 by using EVA.
Use the CPI and SPI to determine project efficiency. Estimate the performance of the project at completion and propose suitable steps to enhance the overall performance