Question: Based on the following tables, answer questions a through h. Budget cost: *Numbers are in $thousands Week TBC 1 2 3 4 5 Task 1

Based on the following tables, answer questions a through h.

Budget cost:

*Numbers are in $thousands

Week

TBC

1

2

3

4

5

Task 1

50

25

25

Task 2

30

10

10

10

Task 3

70

40

30

Task 4

20

10

10

Actual cost:

*Numbers are in $thousands

Week

1

2

3

4

5

ACTUAL

Task 1

25

10

COSTS

Task 2

10

15

Task 3

40

Task 4

Percentage of work complete:

Week

1

2

3

4

5

PERCENTAGE

Task 1

60

100

OF WORK

Task 2

50

100

COMPLETE

Task 3

70

Task 4

Use the tables to answer the following questions:

a. What is the cumulative budgeted cost at the end of week 3?

b. What is the cumulative actual cost at the end of week 3?

c. What is the cumulative earned value at the end of week 3? ( please copy and paste chart to fill in the answer )

Week

1

2

3

4

5

Task 1

Task 2

Task 3

Task 4

Total

d. What is the Cost Performance Index at the end of week 3?

e. What is the Cost Variance at the end of week 3?

f. What is the Forecasted Cost at Completion? (Show both methods presented in the text)

g. What is the To-Complete Performance Index?

h. Provide a detailed analysis of the status of this project. Describe any required courses of action.

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