You are managing a project to build a 6-sided shape parking lot fence. The approved budgeted...

 

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You are managing a project to build a 6-sided shape parking lot fence. The approved budgeted cost of the fence is $55 per linear meter. The construction sequence is as follows: Side 1 can start now. Side 2 will start after side 1 is completed. ● ● ● ● ● ● In addition: Lengths: Sides 1, 2, and 3, 180 meters each ● Lengths: Sides 4, 5, and 6, 160 meters each ● ● Side 3 will start after side 2 is completed. Side 4 will start after side 3 is completed. ● Side 5 will be completed at the same time as side 4. Side 6 will start after one week side 5 is completed. ● Actual Project Performance and the end of 4.5 Weeks: Sides 1, 2, 3 and the security gate are completed. Side 4: 35% completed. The total amount spent up to this point is $60,000. Side 3 requires the installation of security gate with automatic entrance and exit controls. The security gate is budgeted for $25,000 in total, and it will be completed at the same time as side 3. Duration of all sides is one week. Calculations from the start to the end of 4.5 Weeks: 1. Budget at completion: 5 MARKS 2. Planned value: 5 MARKS. 3. Earned value: 5 MARKS. 4. CPI (four decimal points) AND INTERPRET THE RESULT. 2 MARKS 5. SPI (four decimal points) AND INTERPRET THE RESULT. 2 MARKS 6. What do you currently expect the total project cost to be at the end of the project? (2 MARKS) 7. From the end of 4.5 weeks, how much MORE do you expect to spend to finish the project? (2 MARKS) 8. What should be the future cost performance level required to finish the project on budget. (2 MARKS) SHOW YOUR CALCULATIONS. No calculations, no marks You can use the HTML Editor to enter your answer in tables. You can also insert You are managing a project to build a 6-sided shape parking lot fence. The approved budgeted cost of the fence is $55 per linear meter. The construction sequence is as follows: Side 1 can start now. Side 2 will start after side 1 is completed. ● ● ● ● ● ● In addition: Lengths: Sides 1, 2, and 3, 180 meters each ● Lengths: Sides 4, 5, and 6, 160 meters each ● ● Side 3 will start after side 2 is completed. Side 4 will start after side 3 is completed. ● Side 5 will be completed at the same time as side 4. Side 6 will start after one week side 5 is completed. ● Actual Project Performance and the end of 4.5 Weeks: Sides 1, 2, 3 and the security gate are completed. Side 4: 35% completed. The total amount spent up to this point is $60,000. Side 3 requires the installation of security gate with automatic entrance and exit controls. The security gate is budgeted for $25,000 in total, and it will be completed at the same time as side 3. Duration of all sides is one week. Calculations from the start to the end of 4.5 Weeks: 1. Budget at completion: 5 MARKS 2. Planned value: 5 MARKS. 3. Earned value: 5 MARKS. 4. CPI (four decimal points) AND INTERPRET THE RESULT. 2 MARKS 5. SPI (four decimal points) AND INTERPRET THE RESULT. 2 MARKS 6. What do you currently expect the total project cost to be at the end of the project? (2 MARKS) 7. From the end of 4.5 weeks, how much MORE do you expect to spend to finish the project? (2 MARKS) 8. What should be the future cost performance level required to finish the project on budget. (2 MARKS) SHOW YOUR CALCULATIONS. No calculations, no marks You can use the HTML Editor to enter your answer in tables. You can also insert

Answer rating: 100% (QA)

1 Budget at completion The total budgeted cost for the fence is 55 per linear meter and the total length of the fence is 660 meters so the total budge... View the full answer