Question: Data for a project is shown below: Activity Duration (months) Precedence Budget or Plnd. Cost Percent Completed A 3.00 - 15000 100 B 1.00 A

Data for a project is shown below:

Activity

Duration

(months)

Precedence

Budget or Plnd. Cost

Percent

Completed

A

3.00

-

15000

100

B

1.00

A

5000

0

C

2.00

A

10000

100

D

3.00

A

21000

50

E

2.00

C

32000

0

F

1.00

C

5000

0

G

1.00

C

5500

0

The project started on June 1st. The project has a planned duration of 7 months.

Data below are planned cost and actual cost (spent) from June to November:

Month Planned cost Actual cost
June 5000 8000
July 5000 8000
August 5000 5000
September 5000 5000
October 12000 12000
November 23000 12000
  1. Compute critical ratio?
  2. Based on current cost performance level, what is the estimated cost in completing the project?
  3. Based on current schedule performance level, how much more time (in months) is needed to complete the project?

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