Consider the below hypothetical project and answer the following multiple-choice questions (i.e., 4.1- 4.4). You need to choose the correct answer by using the tick-box provided for each question . There is only one correct answer.

Hypothetical project:

It is planned to establish a factory to produce spare parts in South Yorkshire. The overall work breaks down structure consists of the following sub-projects, which are:

• Sub-Project 1 is designing the factory.
• Sub-Project 2 is the main construction operation of the factory.
• Sub-Project 3 is machines purchasing.
• And Sub-Project 4 is the installation and commissioning of machines in the factory.

The project manager has assigned an independent manager for all projects and a comprehensive and detailed project schedule has been prepared and based on it, progress charts of each project have been identified. Table 2 shows the total budget and time (Baseline) required for each sub-project and the whole project.

Table 2: Baseline plan for the completion of Sub-Project and the whole Project (the figures are assumptions)

	Sub-Project 1	Sub-Project 2	Sub-Project 3	Sub-Project 4	Whole Project
Budget at Completion (BAC) ()	100000	1500000	2200000	200000	4000000
Schedule at Completion (SAC) (month)	12	30	8	10	30

About 20 months have passed since the start of the project. The main stakeholders (i.e., Investors) want to know what the performance of each Sub-Projects and the Whole Project has been and what the forecasts will be. Hence, you as a senior Project Analyst are assigned to this task. Based on the actual information obtained from the project financial and physical reporting system, you have extracted and aggregated the actual values on this date (month 20) for each project in Table 3.

Table 3: aggregated values corresponding to actual values () at the assessment date (month 20)

	Sub-Project 1	Sub-Project 2	Sub-Project 3	Sub-Project 4	Whole Project
Planned value (PV)	60,000	800,000	1,440,000	600,000	2,900,000
Actual cost (AC)	65,000	1,000,000	1,700,000	550,000	3,315,000
Earned value (EV)	50,000	850,000	1,100,000	510,000	2,510,000

0. 1. What are the Cost Performance Index (CPI) and Schedule Performance Index (SPI) of Sub-Project 1?
1. CPI =0.85, SPI = 0.83
2. CPI =0.77, SPI = 0.83
3. CPI =0.65, SPI = 0.76
4. CPI =0.93, SPI = 0.85

(8 marks)

0. 2. What is the Critical Ratio (CR) of Sub-Project 4?
1. CR =0.64
2. CR =0.79
3. CR =0.90
4. CR =0.66

(7 marks)

0. 3. By measuring each Sub-Projects performance, which Sub-Project Manager performed the worst in comparison to others?
1. Sub-Project 2 Manager
2. Sub-Project 1 Manager
3. Sub-Project 4 Manager
4. Sub-Project 3 Manager.

(7 marks)

0. 4. What is the Cost Estimate at Completion (CEAC) and Time Estimate at Completion (TEAC) of the Whole Project?
1. CEAC=5282869, TEAC=35
2. CEAC=130000, TEAC=14
3. CEAC=1764706, TEAC=28
4. CEAC=215686, TEAC=10