Question: estion: Two You are the project manager working on a 4-level hospital project, designed to accommodate Covid-19 tients. Each level is to take 1 month
estion: Two You are the project manager working on a 4-level hospital project, designed to accommodate Covid-19 tients. Each level is to take 1 month to complete, and $100,000 has been budgeted per each level. Work on ch level could proceed concurrently. Today is the end of the third month. Using the below project status art, calculate the following for the project and interpret the results: (30 marks) 1. Budgeted Cost of Work Schedule (BCWS) (PV); 2. Budgeted Cost of Work Performed (BCWP) (EV); 3. Actual Cost of Work Performed (ACWP) (AC); 4. Schedule Variance (SV); 5. Cost Variance (CV); 6. Schedule Performance Index (SPI); 8 7. Estimate at Completion (EAC) 8. Estimate to Complete (ETC) 9. Budget at Completion (BAC) 10. Variance at Completion (VAC) Project Status Chart Activity 1" Month 2nd Month 3rd Month 4th Month Status - end of 311 month Level-1 S..........F Complete, spent $100,000 Level-2 S......F......PF Complete, spent $110k Level-3 S..... PS.....PF 50% done, spent $60,000 Level-4 S...... PS.....PF 75% done, spent $60,000 Key: S-Actual Start, F-Actual Finish, PS- Planned Start, PF - Planned Finished 2b) Distinguish between Fixed Price Economic Price Adjustment (FPEPA) and Cost-Plus Percentage of Cos" (CPPC) Contract Types. Explain why the CPPC is banned is certain jurisdictions. (10 marks) 2c) Discuss the challenges associated with project financing and describe the relevance of the following innovative tools or techniques that could be useful to project financing arrangements. Supplement your answer with examples where necessary. [20 marks) i) Barter ii) Parallel financing, and iii) Syndicated load arrangement End estion: Two You are the project manager working on a 4-level hospital project, designed to accommodate Covid-19 tients. Each level is to take 1 month to complete, and $100,000 has been budgeted per each level. Work on ch level could proceed concurrently. Today is the end of the third month. Using the below project status art, calculate the following for the project and interpret the results: (30 marks) 1. Budgeted Cost of Work Schedule (BCWS) (PV); 2. Budgeted Cost of Work Performed (BCWP) (EV); 3. Actual Cost of Work Performed (ACWP) (AC); 4. Schedule Variance (SV); 5. Cost Variance (CV); 6. Schedule Performance Index (SPI); 8 7. Estimate at Completion (EAC) 8. Estimate to Complete (ETC) 9. Budget at Completion (BAC) 10. Variance at Completion (VAC) Project Status Chart Activity 1" Month 2nd Month 3rd Month 4th Month Status - end of 311 month Level-1 S..........F Complete, spent $100,000 Level-2 S......F......PF Complete, spent $110k Level-3 S..... PS.....PF 50% done, spent $60,000 Level-4 S...... PS.....PF 75% done, spent $60,000 Key: S-Actual Start, F-Actual Finish, PS- Planned Start, PF - Planned Finished 2b) Distinguish between Fixed Price Economic Price Adjustment (FPEPA) and Cost-Plus Percentage of Cos" (CPPC) Contract Types. Explain why the CPPC is banned is certain jurisdictions. (10 marks) 2c) Discuss the challenges associated with project financing and describe the relevance of the following innovative tools or techniques that could be useful to project financing arrangements. Supplement your answer with examples where necessary. [20 marks) i) Barter ii) Parallel financing, and iii) Syndicated load arrangement End