Example: Setting a Gas Compressor Task Receive Equipment Setting Equipment Aligning Equipment Testing Equipment Owner Training Owner Acceptance Incremental Progress 10% 40% 20% 10% 10% 10% Cumulative Progress 10% 50% 70% 80% 90% 100% Total value is $800,000. Use the chart above to answer the following questions. 1. You have received 50% of the equipment. What is the dollar value of that portion of completed work? 2. You have set 50% of the received equipment from question #1 (50% of the 50%). What is the dollar value of the completed portion of the "Setting Equipment work? 3. You have set 50% of the received equipment from question #1 (50% of the 50%). What is the total cumulative progress for the project? 4. If all of the equipment is received, set, aligned, tested, and the owner has received training. The owner has not taken acceptance. What is the dollar value of the work remaining? 5. If all of the equipment is received, set, aligned, tested, and the owner has received training. The owner has not taken acceptance. What percent of the cumulative work has been completed