Question: Fulton Construction is a general contractor for large construction projects. The budget costs and the time to reach a particular percentage of completion ( in
Fulton Construction is a general contractor for large construction projects. The budget costs and the time to reach a particular percentage of completion in months follows. Also shown are the actual results cost and months up to the latest report, which was at the end of month
tablePercentage Complete,Cost $Moriths to Reach Budget ActualBudgetActual
Required:
a At this time, what is the current cost overunder run on the project?
Note: Enter your answer in dollars and not in thousands of dollars.
b At this time, by how far ahead or behind schedule is the project in terms of percentage of completion?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
