Figure 1. Gantt Chart on a 3-year National Youth Employment Project in Ghana
Question 3
By relying on detailed activities provided in Figure 1 on the National YouthEmployment Project, you are required to perform the following activities  under component 1, 2, and 3:
(a) Prepare a total project budget within a range of 500,000 to 1,000,000 Ghana Cedis.
AP (7 marks)
(b) Given that about 50% of activities have been undertaken on components 1 and 2, determine with the aid of an appropriate Table or Chart your cost variances and explain their relevance in project cost tracking.
AP (7 marks)
(c) Determine all the remaining costs on component 2 and 3 of the National Youth Employment Project in Tabular form and explain their significance
 

Transcribed Image Text:

D WBS Task Name Duration Start Finish 2018 2019 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 ar 3 NATIONAL YOUTH 1059 Wed Tue 01-03-22 ΕMPLOYMΕNT days 07-02-18 PROJECT 1 1 COMPONENT 1 45 days Fri 20-07-18 Thu 20-09-18 1.1 AI Project Procurements Project Procurements 45 days Fri 20-07-18 Thu 20-09-18 Performed 3 2 COMPONENT 2 930 days Ved 07-02-18 Tue 31-08-21 2.1 Conduct nation w ide 84 days Wed Mon 08-10-18 community 13-06-18 5 2.2 Meet youth 79 days Wed 31-10-18 Wed 13-06-18 associations across 16 Regions in 6 2.3 Tue 26-06-18 Perform youth eligibity screening Select quallied yout 99 days Wed 07-02-18 2.4 2.5 30 days Ned 21-07-21 Tue 31-08-21 Perfom Youth O days Mon Mon 15-04-19 15-04 Selection 15-04-19 3 COMPONENT 3 360 days Tue 02-04-19 Tue 18-08-20 10 3.1 Set up youth training 5 days Tue 02-04-19 Mon 08-04-19 centres Train sekec ted youth 70 days Thu 23-05-19 on apprenticehip and 11 3.2 Wed 28-08-19 3.3 Assign trained youth to mentors Perform training and mentorship for selected Ghanaian 12 25 days Thu 29-08-19 Wed 02-10-19 13 3.4 10 days Fri 25-10-19 Thu 07-11-19 Youth 14 3.5 COMPONENT 4 228 days Thu 03-10-19 Tue 18-08-20 D WBS Task Name Duration Start Finish 2018 2019 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 ar 3 NATIONAL YOUTH 1059 Wed Tue 01-03-22 ΕMPLOYMΕNT days 07-02-18 PROJECT 1 1 COMPONENT 1 45 days Fri 20-07-18 Thu 20-09-18 1.1 AI Project Procurements Project Procurements 45 days Fri 20-07-18 Thu 20-09-18 Performed 3 2 COMPONENT 2 930 days Ved 07-02-18 Tue 31-08-21 2.1 Conduct nation w ide 84 days Wed Mon 08-10-18 community 13-06-18 5 2.2 Meet youth 79 days Wed 31-10-18 Wed 13-06-18 associations across 16 Regions in 6 2.3 Tue 26-06-18 Perform youth eligibity screening Select quallied yout 99 days Wed 07-02-18 2.4 2.5 30 days Ned 21-07-21 Tue 31-08-21 Perfom Youth O days Mon Mon 15-04-19 15-04 Selection 15-04-19 3 COMPONENT 3 360 days Tue 02-04-19 Tue 18-08-20 10 3.1 Set up youth training 5 days Tue 02-04-19 Mon 08-04-19 centres Train sekec ted youth 70 days Thu 23-05-19 on apprenticehip and 11 3.2 Wed 28-08-19 3.3 Assign trained youth to mentors Perform training and mentorship for selected Ghanaian 12 25 days Thu 29-08-19 Wed 02-10-19 13 3.4 10 days Fri 25-10-19 Thu 07-11-19 Youth 14 3.5 COMPONENT 4 228 days Thu 03-10-19 Tue 18-08-20

Answer rating: 100% (QA)

The National Youth Employment Program NYEP of Ghana was established in 2006 by the John Kufuor administration It is an agency under the Ministry of Youth and Sports Youth unemployment in Ghana is a ma... View the full answer