$4$

$15$ points

A$).$ Describe the framework of the risk management plan. How can it effectively address the construction uncertainty? $(5$ points$)$

B$).$ For the following project baseline plan and progress report, compute the BAC, EV$,$ SPI, and CPI for the end of period $5.$ What is the forecasted project cost upon completion $($EAC$)$ based on maintaining the current CPI? What will you write in your progress report based on the EV assessment? $(10$ Points$)$

$\backslash$table$[[$Task$,$PV$,1,2,3,4,5,6,7,8,9,10,11],[1,8,4,4,,,,,,,,,],[2,40,,,10,10,10,10,,,,,],[3,30,,,10,15,5,,,,,,],[4,20,,,10,10,,,,,,,],[5,40,,,,,,20,20,,,,],[6,60,,,,,20,20,10,10,,,],[7,20,,,,,,,,10,10,,],[8,30,,,,,,,,,,20,10],[$Period PV Total,$4,4,30,35,35,50,30,20,10,20,10],[$Cumulative PV Total,$4,8,38,73,108,158,188,208,218,238,248]]$

Status Report

$\backslash$table$[[$Task$,\%$ Complete,PV$,$EV$,$AC$],[1,100\%,,,10],[2,60\%,,,30],[3,100\%,,,40],[4,50\%,,,20],[5,0\%,,,0],[6,30\%,,,24],[7,0\%,,,0],[8,0\%,,,0]]$