The following eight activities constitute an overall bar chart portrayal of a 4-month project. After 1.5 months, activities A, B, D are completed and E is 50% complete, for a cost of $80,000. For this project, using earned value concepts, determine the schedule and cost variance. Is the project ahead or behind schedule? Over or under budget? Activity A B с AEFGH D H Cost $2,000 $1,000 $6,000 $2,000 $7,000 $9,000 $3,000 $10,000 Month 1 Month 2 Month 3 Month 4

Q: With an increase in quantities, the unit price drops due to: Reduced contribution of fixed costs…

A: With an increase in quantities, the unit price drops due to economies of scale. The fixed costs does…

Q: a What is the probability that path A-B-D-F-G will take from 100 to 120 days to complete? Answer =…

A: Note: As per the Bartleby guideline the solution of the first 3 subparts are only provided Project…

Q: • 1 You are planning to build a new home with approximately 2,000–2,500 gross square feet of living…

A:

Q: The following eight activities constitute an overall bar chart portrayal of a 4-month project. After…

A: ACWP=$8000BCWP=2000+1000+2000+70002=$8500BCWS=2000+1000+50%of 6000+50%of 2000  +25%of 7000=%8750

Q: PROBLEM (SHOW YOUR SOLUTIONS): A developer hired you as the architect for a subdivision development.…

A:

Q: Depends on В, С Activity Duration (day) E 2 В A 3 C A 4 G E 3 F С, D 5 A None 2 H E, F 2 D A I F 4 J…

A:

Q: From the given information below of a const. of commercial bank building a) draw the network…

A:

Q: 11. Discuss what is the best source for labor and equipment unit prices that will be used in…

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Please show all cash flow diagrams and math calculations

A: Answer image:Given thatInterest rate i = 12%-Alternative AAlternative BFirst…

Q: As a rental for a building, the owner received two offer: a) 50,000 a year for 80 years, the rental…

A:

Q: Q3: The construction plan for a house is shown in figure and table below, gives the manhoures…

A:

Q: In a construction project, when does the maximum need for cash arise during any month? a) At the end…

A: a construction project, when does the maximum need for cash arise during any month?a) At the end of…

Q: Along with question 1 and 2, what is the work and solution

A:

Q: The following cash flows result from a potential construction contract for Erstwhile Engineering.…

A: The given data is as follows: Receipts: At the start of contract=$500,000                  At the…

Q: The total mechanical and electrical unit costs for a library are listed as $40 per square foot,…

A: Percentage of total costs presented by mechanical and electrical costs=total mechanical and…

Q: What information is needed to be able to prepare Construction Project Cash Flow? Provide a detailed…

A: Objective:To work out the information needed to prepare construction project cash flowExplain the…

Cost control

Cost control or management in property or project management is the process by which managers maintain costs under human resource management, assets, and capital expenditure to ensure that the project ends on a budget basis. Cost management depends on reasonable estimates and ongoing monitoring during the project. As a result, good cost control is essential for any construction business that wants to succeed.