Question: Find the schedule variance and cost variance, comment on the project cost and running? Consider the following project which for simplicity is assumed to have

Find the schedule variance and cost variance, comment on the project cost and running?

Find the schedule variance and cost variance,

Consider the following project which for simplicity is assumed to have 10 activities with the following data: Activities B D G Completion t1 t2 t3 14 t5 t6 t7 t8 t9 t10 time Budgeted 50 50 100 150 150 150 150 120 60 50 cost At the end of time t6 it is reported that the situation is as follows: Work package B DE FR Percent complete 100 100 100 100 60 40 Actual cost 80 60 120 100 160 100

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