Question: B D 2 4 2. The project manager has prepared a plan for project completion as presented in the table that follows. The convention used

B D 2 4 2. The project manager has prepared a

B D 2 4 2. The project manager has prepared a

B D 2 4 2. The project manager has prepared a plan for project completion as presented in the table that follows. The convention used for stating the start and end in the project is based on network computation where the activity ends at the close/end of the period stated and the start is also at the end of the period listed which is in reality starting at the beginning of the following period ('standard' convention). Activity Planned Start Planned Finish Activity Budgeted Cost 0 5 8,000 9 14,000 8 12,000 5 10 15,000 E 6 10 6,000 2 5 13,500 7 12 30.000 H 14 18,000 11 12.000 20 6,000 K 12 18 4,500 F G 11 I J 8 16 i) What is the forecast of the total cost based on part e assuming that the project continues as planned from this point on? j) What is the forecast of the total cost based on part e assuming that the project continues as before from this point on (round up to an integer)? k) Is the project performance good or bad? B D 2 4 2. The project manager has prepared a plan for project completion as presented in the table that follows. The convention used for stating the start and end in the project is based on network computation where the activity ends at the close/end of the period stated and the start is also at the end of the period listed which is in reality starting at the beginning of the following period ('standard' convention). Activity Planned Start Planned Finish Activity Budgeted Cost 0 5 8,000 9 14,000 8 12,000 5 10 15,000 E 6 10 6,000 2 5 13,500 7 12 30.000 H 14 18,000 11 12.000 20 6,000 K 12 18 4,500 F G 11 I J 8 16 i) What is the forecast of the total cost based on part e assuming that the project continues as planned from this point on? j) What is the forecast of the total cost based on part e assuming that the project continues as before from this point on (round up to an integer)? k) Is the project performance good or bad

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!