What is the current progress of the project? The budgeted cost for work scheduled is 700k. Is it on schedule?
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the budget of a project is $1 million. The actual cost for work performed is currently $700k. The budgetted cost for work performed is $660k. What is the current progress of the project? The budgeted cost for work scheduled is 700k. Is it on
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- The project contains 6 tasks. We completed three tasks (A, B, C), and started two (D, E) but could not complete them. The planned budget for each task, Actual cost we spent so far, completion rate by today according to the plan, and actual completion rate by today are shown in the table. Task ID Actual Cost A 8 C E F Planned Budget $100 $150 $100 $160 $200 $100 5) TCPI: $80 $150 $100 $130 $90 $0 Planned Completion Rate by Today 100% 100% 100% 25% 50% 0% Actual Completion Rate 100% 100% 100% 50% 50% 0% 1) CPI: 679 (Round to two decimals/hundredth (x.xx)) 2) SPI: (Round to two decimals/hundredth (x.xx)) 3) EAC under the assumption that the cost performance will remain as it is (current CPI): (Round to the nearest integer) 4) EAC under the assumption that the cost performance will be as planned (budget rate): (Round to the nearest integer) (Round to two decimals/hundredth (x.xx))A project has a budget of $300,000 and is expected to last 10 months, with the work results and budget spread evenly across all months. The project just completed its 3rd month, the work is on schedule, and $65,000 has been spent. What is the cost variance? How efficient (in %) must work progress be to complete on time and within budget?Consider the following project activities with a normal unit: (The normal unit is Day) Activity Name Immediate Predecessor (list number/ name, separated by ‘,’) Normal Time A 6 B A 2 C A 4 D B, C 3 E D 1 F D 7 G E 4 H F, G 2 I F 6 J I 1 K H, J 5 Fill the following table: Activity Name Activity Time Earliest Expected Competition Time (TE) Latest Expected Competition Time (TL) Slack (TL-TE) A 6 B 2 C 4 D 3 E 1 F 7 G 4 H 2 I 6 J 1 K 5 Project Completion Time = Days The Critical Path is=
- After the first month of a project, the Actual Cost was $400 and the planned cost for the first month was $500. Currently, only 50% of the work have been completed. Based on this information, calculate the following: a.Earned Value b.Cost Variance c.Schedule VarianceFollowing are the three time estimates for a task in a project: optimistic completion time = 2 weeks most likely completion time = 4 weeks pessimistic completion time = 7 weeks Compute the expected time for the task.A project has the activity duration and cost information indicated in the table where all times are in weeks. What is the total cost for completing this project in 50 days? Activity Predecessor Normal Time Normal Cost Crash Time Crash Cost A -- 8 $12,000 5 $21,000 B A 12 $20,000 9 $30,000 C A 15 $24,000 10 $60,000 D B 3 $10,000 2 $15,000 E C 9 $17,000 6 $34,000 F E 7 $5,000 6 $6,000 G D 8 $14,000 6 $20,000 H A 12 $22,000 10 $30,000 I H 6 $50,000 5 $55,000 J F, G, I 11 $33,000 9 $50,000
- The use of probability curves to describe a project estimate helps to deal with: Your answer: The impact of uncertainty on demand. The impact of uncertainty on estimating times. The impact of uncertainty on costs. The impact of uncertainty on satisfaction.The Cove at UP is looking to open a new location. Guillermo Santiago has been developing a project plan and has identified the following tasks, precedence relations, and normal task durations. \ tasks predecessors task duration start 0 A start 7 B A 20 C A 34 D B 39 E C,D 6 F D 15 G E,F 33 end G 0 Guillermo has studied project management at the University of Portland and knows that the starting and ending time of any task may be determined from the information in the table using the critical path method. Assume the following notation when answering the questions below: \ Metric Description ES Early start time for task EF Early finsh time for task LS Late start time for task LF Late finsh time for task TS Total slack for task FS Free slack for task IS Independent slack for task SS safety slack for task Please provide the CPM result for each of the following metrics: ES_{end} = LS_{D} = TS_{D} = EF_{G} = LF_{G} =Below is a project listed in a table with: activity, predecessor, and duration. Activity A B с D E F G H Predecessor none A A с B B D, E, F G Fill in the chart below by filling in: early start (ES), early finish (EF), ☐late start (LS), A late finish (LF), duration (D), and float (F). Then, answer the questions based on the chart. Hint: You can use the Word tools to fill in the chart, or you can draw the chart by hand, then photograph or scan your graph to submit it. 1. Fill in the chart below. B Duration (weeks) C 5 3 8 13 7 9 10 7 - D E F G H
- A project with Earned Value (EV) = $1000, Actual Cost (AC) = $800 and Planned Value (PV) = $800. What is the Schedule Variance (SV)?A project being analyzed by PERT has 60 activities, 13 of which are on the critical path. If the estimated time along the critical path is 214 days with a project variance of 169, what is the probability that the project will be completed within 224 days? O 0.50 O 0.84 0.80 O 0.78An activity on a PERT network has these time estimates: optimistic = 2, most likely = 3, and pessimistic = 6. What is its expected activity time and variance? 3.67; 1 O 4.33; 1 O 3.33; 0.44 O 4; 0.44