Question: A project manager has collated the following information about one of their ongoing projects. Task Name Duration Start Date End Date Labour Materials % %

A project manager has collated the following

A project manager has collated the following information about one of their ongoing projects. Task Name Duration Start Date End Date Labour Materials % % Actual Planned Actually Cost compete complete Initiation 5 days $2,500 $250 100% 100% $2,900 Wed Tue 29/09/21 5/10/21 Planning 100% 100% $3,900 Phase 1 100% 100% $9,900 10 days Tue Tue $4,000 $50 5/10/21 19/10/21 15 days Tue Mon $9,000 $600 19/10/21 8/11/21 10 days Mon Fri $6,000 $400 8/11/21 19/11/21 Phase 2 100% 90% $6,100 60% 40% $1,500 30% 20% $600 Phase 3 5 days Fri Fri $5,000 $200 19/11/21 26/11/21 Modifications 12 days Mon Tue $7,200 $160 8/11/21 23/11/21 Integration 5 days Fri Thu $2,500 $1,400 26/11/21 2/12/21 0% 0% $0 Final Test 4 days Fri $2,000 $500 0% 0% $0 $ Wed 8/12/21 3/12/21 1 day Wed $1,500 $100 0% 0% $0 Client Handover Thu 9/12/21 8/12/21 Using the following assumptions: Both Indirect costs and contingency costs are both estimated at 10% of all direct costs All variations are of the "common cause" type Calculate the Estimate At Completion and the updated Project Cost Estimate

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!