Project # SR 55H has finished 13 months of a 24 month planned schedule. You are given the metrics below: What is the project status? Budget for the program = $55,000; EV (cumulative) = $27,500; AC (cumulative) = $25,225 a. There appear to be no problems, the project could finish slightly under plan. b. The project is behind schedule, but will finish on time if they are about 12.5% more efficient. c. The Project now is ahead of plan, but might have a problem in finishing on time. d. The Project is in trouble and the team needs to be about 9% more efficient to finish on original plan. e. You cannot tell based on the metrics above. f. You have no idea what to say; they asked the wrong person.
Project # SR 55H has finished 13 months of a 24 month planned schedule. You are given the metrics below: What is the project status? Budget for the program = $55,000; EV (cumulative) = $27,500; AC (cumulative) = $25,225 a. There appear to be no problems, the project could finish slightly under plan. b. The project is behind schedule, but will finish on time if they are about 12.5% more efficient. c. The Project now is ahead of plan, but might have a problem in finishing on time. d. The Project is in trouble and the team needs to be about 9% more efficient to finish on original plan. e. You cannot tell based on the metrics above. f. You have no idea what to say; they asked the wrong person.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 21P
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Project # SR 55H has finished 13 months of a 24 month planned schedule. You are given the metrics below: What is the project status?
Budget for the program = $55,000;
EV (cumulative) = $27,500;
AC (cumulative) = $25,225
a. There appear to be no problems, the project could finish slightly under plan.
b. The project is behind schedule, but will finish on time if they are about 12.5% more efficient.
c. The Project now is ahead of plan, but might have a problem in finishing on time.
d. The Project is in trouble and the team needs to be about 9% more efficient to finish on original plan.
e. You cannot tell based on the metrics above.
f. You have no idea what to say; they asked the wrong person.
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