You are the project managed to manage a critical 10 weeks project to implement a new ERP application for the university. Your company adopts a risk-averse approach in managing business initiatives and would . The main phases of the project are: (a) Install (b) Test (c) Train (d) Commission are in thousands of Saudi Riyals. The below table shows the planned costs for each of these phases over the project's full duration. The costs 10 Weeks 5 9 8 4 6 7 1 10 Tasks Install Test Train Commission Total TPV 30 70 40 30 BEN 2 15 10 3 5 10 10 20 5 10 5 10 25 5 5 5 20 Cumulative TPV: Total Planned Value In week 6, the management asked for a detailed analysis of the project progress and status. Below are the actual costs and percentages of the work completed by end of week 6. Cumulative Actual Costs Cumulative Parentages of Work Completed 1 5 Weeks 3 4 8 6 ON 2 16 10 10 N99 2 1 30 5 6 10 Weeks 3 4 100 25 35 80 Tasks Install Test Train Commission Total Cumulative 12 24 Tasks Install Test Train Commission 12 10 5 5 55 65 10 20
Assuming the project will continue at the same CPI rate of efficiency, what is the estimation cost at completion? EAV Assuming current performance issues are temporary and that from now on the future work of the project will continue at the same original planning. Determine the estimated cost at completion Using the CPI and SPI values, explain the overall performance of the project. Based on the case scenario, would you recommend continuing or terminating the project? Explain your answer Based on the CPI and SPI data, what actions you ntay take to recover the project?
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