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"You are a project manager for a 10,000 sf industrial garage project in Toronto with a contract value of $1,350,000 and contract duration of 6 months. You are preparing status report for the project at the end of Month 3. The following progress data is available. What would be the forecast for estimate at completion for the project as of this reporting period? Use the CPI method of forecasting."

"You are a project manager for a 10,000 sf industrial garage project in Toronto with a contract value of $1,350,000 and contract duration of 6 months. You are preparing status report for the project at the end of Month 3. The following progress data is available. What would be the forecast for estimate at completion for the project as of this reporting period? Use the CPI method of forecasting."

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...
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Question 4 "You are a project manager for a 10,000 sf industrial garage project in Toronto with a contract value of $1,350,000 and a contract duration of 6 months. You are preparing a status report for the project at the end of Month 3. The following progress data is available. What would be the forecast for estimate at completion for the project as of this reporting period? Use the CPI method of forecasting." PROJECT PLANNED DURATION REPORTING PERIOD Project Progress Data Planned Value (PV) Earned Value (EV) Actual Cost (AC) O "$1,080,000" "$1,215,000" O "$1,323,000" O "$1,161,000" INDUSTRIAL BUILDING 6 MONTHS MONTH 3 Month 1 $225,000 $250,000 $225,000 Month 2 $225,000 $250,000 $225,000 Month 3 $225,000 $250,000 $225,000 Month 4 $225,000 Month 5 $225,000 Month 6 $225,000
Transcribed Image Text:Question 4 "You are a project manager for a 10,000 sf industrial garage project in Toronto with a contract value of $1,350,000 and a contract duration of 6 months. You are preparing a status report for the project at the end of Month 3. The following progress data is available. What would be the forecast for estimate at completion for the project as of this reporting period? Use the CPI method of forecasting." PROJECT PLANNED DURATION REPORTING PERIOD Project Progress Data Planned Value (PV) Earned Value (EV) Actual Cost (AC) O "$1,080,000" "$1,215,000" O "$1,323,000" O "$1,161,000" INDUSTRIAL BUILDING 6 MONTHS MONTH 3 Month 1 $225,000 $250,000 $225,000 Month 2 $225,000 $250,000 $225,000 Month 3 $225,000 $250,000 $225,000 Month 4 $225,000 Month 5 $225,000 Month 6 $225,000
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