Q2) At the end of the 24th day of the project, the contractor reported that activity F has been completed and they are ready for activity G. Moreover, the contractor found that there is $2500 under the budgeted cost of the project until the completion of activity F. Using Earned Value principles: Is the project over or under cost? Activity A BCDEFGH I J K L Duration (days) 2 3 3 12 4 SON323 10 6 1 Budget ($) $2,000 $15,500 $12,500 $23,000 $22,000 $18,500 $22,500 $6,500 $4,000 $7,500 $5,500 $2,000

Q2) At the end of the 24th day of the project, the contractor reported that activity F has been completed and they are ready for activity G. Moreover, the contractor found that there is $2500 under the budgeted cost of the project until the completion of activity F. Using Earned Value principles: Is the project over or under cost? Activity A BCDEFGH I J K L Duration (days) 2 3 3 12 4 SON323 10 6 1 Budget ($) $2,000 $15,500 $12,500 $23,000 $22,000 $18,500 $22,500 $6,500 $4,000 $7,500 $5,500 $2,000

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...

See similar textbooks

Similar questions

Give sample of importance of Project production.
Critically assess and comment on the success of the project from the followingviewpoints aline with a project To enhance Sports development by providing assistance to sports clubs and teams in St. Catherine North Central by providing them with the necessary gears and equipment for whichever Sporting disciple that they may part-take in. c. Level or degree of customer/user satisfaction of results and outcomesd. Value created for the organization.
Identify FIVE (5) project management process group.
State why did company select a project manager from within the organisation ?
Describe lifecycle of a project. Give real life example of any project and mention its stage of working.
Define some key events in the history of project management. What role do the Project management Institute and other professional societies play in helping the profession?
How to do a problem analysis in project management
Identify five implications of not utilizing project management.
Analyze projects using network-planning models?
What's the best way to draw a project network?
Management
What are the critical points that must be used in the success study of alternative projects?