Question: A project team is finishing a task today. The planned cost for the task is $30,000. So far, the team has spent $25,000 and has

  1. A project team is finishing a task today. The planned cost for the task is $30,000. So far, the team has spent $25,000 and has completed 90% of the task.

  1. Calculate the schedule and cost variances for this task. How is the task performing in terms of schedule and cost?

  1. If this task is early in the project plan, what advice might you give to the project manager going forward?

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