Homework Help is Here – Start Your Trial Now!
Business
Operations Management
RM375,000. From the above, estimate the costs of the project if the project team decided to complete its implementation.

RM375,000. From the above, estimate the costs of the project if the project team decided to complete its implementation.

Practical Management Science
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
icon
Related questions
Question
U2
Question 4: Costs of a project is estimated as follows: a. Design stage b. Development stage c. Testing stage d. Quality control RM 150,000 RM 600,000 RM 100,000 RM 225,000 The whole budget utilized for the project were RM 450,000. As a reference, the cost performance index of the project and schedule performance index is 0.9 and 0.8 respectively. Meanwhile, the work value completed is calculated at RM375,000. From the above, estimate the costs of the project if the project team decided to complete its implementation. 1
Transcribed Image Text:Question 4: Costs of a project is estimated as follows: a. Design stage b. Development stage c. Testing stage d. Quality control RM 150,000 RM 600,000 RM 100,000 RM 225,000 The whole budget utilized for the project were RM 450,000. As a reference, the cost performance index of the project and schedule performance index is 0.9 and 0.8 respectively. Meanwhile, the work value completed is calculated at RM375,000. From the above, estimate the costs of the project if the project team decided to complete its implementation. 1
Expert Solution
steps

Step by step

Solved in 4 steps with 2 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.
SEE MORE TEXTBOOKS