4 Answer the following questions based on following work planned, completion and actual cost spent in the project. Activ
Posted: Mon May 16, 2022 8:25 am
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4 Answer the following questions based on following work planned, completion and actual cost spent in the project. Activities Day 1 Day 2 Day 3 Day 4 Day 5 Day 6 Day 7 Day 8 Day 9 Day 10 Total Budget 25% A (Planned %) A (Actual %) 25% 30% 25% 20% 25% 20% $10,000 30% B (Planned %) B (Actual %) 50% 40% 50% 60% $12,000 30% 25% C (Planned %) C (Actual %) 45% 25% $15,000 25% 10% 40% 20% D (Planned %) D (Actual %) 40% 30% $18,000 30% 40% 10% 20% E (Planned %) E (Actual %) 30% 40% $20,000 20% 20% Actual Cost Spent/day $3,000 $9,500 $15,000 $7,500 $5,000 $14,000 NOW a. Draw S-curve for Budgeted Cost Work Schedule (BCWS). (50 Points)
b. Determine the project status (cost overrun or underrun/ schedule ahead or behind) on Day 3. Also determine the cost overrun or underrun % at the end of the project based on the progress made on Day 3. (50 Points)
c. Calculate CPI, SPI, CV, SV and explain the project status (with specific reasons) on Day 6. Also determine the cost overrun or underrun % at the end of project based on the progress made on Day 6. (50 Points)