Question: 3 . 2 John ( a homeowner ) is a client of yours who employs Sam ( a contractor ) to tile the 5 rooms
John a homeowner is a client of yours who employs Sam a contractor to tile the rooms in his home. John buys the tiles, and Sam will be compensated for labour only.
As the tiles are challenging to work with, Sam assumes days per room at hours per day and at a rate of per hour.
The planned cost is and overtime will also be paid, if required, at the same rate of R per hour.
The first room is finished in days due to the complex workmanship required as well as learning to use the unique tiles including hours of overtime
The second room is completed in days. Using EVMS, the following data is presented to John at the end
of the first week:
BAC
EACBAC
VACBACEAC
ETCEACBAC
Percent complete
I
I
Next, you will have to do some work on the home. You now employ Bob another contractor
to install wallpaper on the walls in the rooms. You buy the wallpaper and will compensate
Bob just for labour. Bob works at R per hour and approximates hours of work per room, for a total of days.
At the end of the first week, working eight hours per day, Bob completed only rooms.
Complete the EVMS status in terms of the following table:
a
b
c
d
e
f
g
h
i
j
k
l
Select one and only one of the listed acronyms to answer each question below.
BAC,EAC,ETC
What is the revised estimate for the final cost at the completion of the project?
How much money was expended thus far?
How much physical work was actually accomplished thus far?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
