Calculate the estimate at completion (EAC) and the estimated cost to complete (ECTC) for the package at week 5 and discuss the cost implications for the package as a whole.

Question 3 Maximum Word Count 1125 words Refer to Table 2. This table shows the cumulative number of units installed and actual costs incurred for four teams installing windows. Note the target output and cost figures given. Table 2 - Output performance for Teams 1, 2, 3 and 4 Note: Table 2 below shows the output figures of four teams which are installing new windows in the housing project. The figures for the teams cover the first five weeks of the package. The teams are installing windows at a planned rate of 100 windows per week per team over a 25-week total period. Each window has an estimated cost of 300. Week Team Actual costs incurred (0) 1 2 Cumulative number of windows installed 100 100 100 90 200 210 190 190 300 315 280 290 420 425 370 390 550 550 460 500 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 3 30,000 28,000 31,000 28,000 60,000 60,000 58,000 58,000 90,000 92,000 86,000 90,000 110,000 120,000 125,000 120,000 150,000 150,000 145,000 150,000 4 5