Refer back to the sample project examined in module two and imagine that everything is executed...

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Refer back to the sample project examined in module two and imagine that everything is executed perfectly. Imagine that you're now in time period 17 Activity 4-5 is now complete as scheduled, and Activity 3-6 has also just completed two periods ahead of schedule. Imagine that Resource A cost $6,000 for each period it was active on Activity. 3-6: 5 periods, not the 7 periods at $5,000 per period expected. You are now ahead. Type Resource B Jan 16 1-2 Sept 16 1. What is the cost variance? 1-4 2-3 Nov 16 Dec 16 Jan 17 38 4-5 B 3-6 May 17 July 17 Aug 17 5-6 Using the methods presented in this module answer the following questions 2. What is the new forecasted total cost at completion if you use Method 17 April 18 Refer back to the sample project examined in module two and imagine that everything is executed perfectly. Imagine that you're now in time period 17 Activity 4-5 is now complete as scheduled, and Activity 3-6 has also just completed two periods ahead of schedule. Imagine that Resource A cost $6,000 for each period it was active on Activity. 3-6: 5 periods, not the 7 periods at $5,000 per period expected. You are now ahead. Type Resource B Jan 16 1-2 Sept 16 1. What is the cost variance? 1-4 2-3 Nov 16 Dec 16 Jan 17 38 4-5 B 3-6 May 17 July 17 Aug 17 5-6 Using the methods presented in this module answer the following questions 2. What is the new forecasted total cost at completion if you use Method 17 April 18

Answer rating: 100% (QA)

Solution 1 The cost variance is the mathematical difference between the budgeted cost of work perfor... View the full answer