Question: Can you please answer this question? 1.) Project BUILD is under review by Mayor Lewis just 2 months after launch as there has been entire


Can you please answer this question?
1.) Project BUILD is under review by Mayor Lewis just 2 months after launch as there has been entire presentations at question time in City Council about overbudgeting in the Roads & Highways Department. Some councillors who previously supported this project are now joining the ranks of those opposing the continuation of the project. BUILD was planned to be completed in 8 Months. The Project Scope was the Asphalt Paving of 20 miles of Roadway across difficult mountainous terrain. So far, the finance department has reported that $550,000 has been sunk into the project already and the Project engineers report that 5 Miles of Highway has been completed. The project plan details 5 main work package and 2 control accounts with estimates inclusive of reserves for risks. Mayor Lewis, with elections in 3 months, is facing enormous pressure to shut the project down or to revise the budget allocations for BUILD. Can your team advise him? Select a project manager, and provide a final report and presentation that includes answers to the questions below. Part 1: Create a bottom up budget using the chart below. BAC Project Cost Baseline Level 1 Contingency Reserve HEHE CR $283,500 Bottom Up Estimate Control Materials Equipment LEVEL 2 Labour $1,729,600 Accounts WP3 WP4 WP5 LEVEL 3 Work Packages WP1 $225,900 WP2 $155,000 A7 A10 A2 $125,000 A4 $51,800 A6 $246,000 A8 $125,000 $125,000 LEVEL 4 Activities A1 A3 A5 $110,000 A9 $950,000 f. How much are we earning for each dollar spent? 2 g 2 How are we progressing compared to the schedule? What is our Estimate at Completion if our cost performance will remain steady in spite of the flawed assumptions in the project? h. 5 i. How much money will we spend to complete the project? NStep by Step Solution
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