Examine Work Breakdown Structure, organization, schedule & budget, tracking performance and reporting variances.

Prompt:

Assume the following project is being prepared for progress review at the end of the third quarter.

According to the budget baseline, all tasks should be completed except Task $8,$ which should be about $30\%$ complete at this

time. The project manager reports, however, that all tasks are completed except Task $8,$ which is only about $10\%$ complete.

Required: Assuming that actual costs to date total $$240,000,$ compute $($formula with the result$)$ and evaluate $($in narrative form$)$

the following:

a$.$ BAC

b$.$ BCWS $($PV$)$

c$.$ EV

d$.$ AC

e$.$ CV and CPI

f$.$ SV and SPI

g$.$ ETC and EAC

h$.$ TCl$.$

discuss, in general terms, a possible change to the project that could be made to hasten the completion of a task that is behind schedule, such as Task $8.$