Your company was hired as a subcontractor for a client's Destiny project and awarded two main...

 

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Your company was hired as a subcontractor for a client's "Destiny" project and awarded two main work packages within that project. Your company refers to this project internally using the cost code "P2_2020". You're given the table below that lists the work packages, their cost code, their budget, and their scheduled start day and end day (as agreed upon with the main contractor). The start and end days are measured in working days after the main project's start. So, a start date of 13, for example, means that work on the workpackage should start on work day 13 after the "Destiny" project's start. You have "progress to date" and "cost to date" data for both workpackages for the end of day 18 (see table). On day 19 you are asked to fill out the remaining columns, perform an Earned Value Analysis and comment on each of the workpackages' performances as well as on the overall performance of your project "P2_2020". Cost Code P2_2020.1.100 Name WorkPackage 1 ● WorkPackage P2_2020.1.200 Total for Project P2_2020 2 Start (Start of Day...) 44500 13 Budget ($) 98000 16 Finish (End of Day...) 19 22 Cost To Date ($) 62299 28983 Progress To Date (%) 100 65 Report Date (End of Day...) 18 18 BCWP ($) BCWS ($) ACWP ($) A) Finish the table above by filling in all of the missing values. (Use mathematical rounding and round to two decimal places. Don't include units.) B) For the following schedule questions, enter 0 if your answer is "on track", -1 if your answer is "behind schedule" or enter 1, if your answer is "ahead of schedule". • B1: What's your assessment of the Work Package 1? Is Work Package 1 on track (0), behind schedule (-1) or ahead of schedule (1)? Answer: • B2: What's your assessment of the Work Package 2? Is Work Package 2 on track (0), behind schedule (-1) or ahead of schedule (1)? Answer: • B3: What's your assessment of the project P2_2020 overall? Is the project on track (0), behind schedule (-1) or ahead of schedule (1)? Answer: C) For the following budget questions, enter 0 if your answer is "on budget", -1 if your answer is "over budget" or enter 1, if your answer is "under budget". • C1: What's your assessment of the Work Package 1? Is Work Package 1 on budget (0), over budget (-1) or under budget (1)? Answer: • C2: What's your assessment of the Work Package 2? Is Work Package 2 on budget (0), over budget (-1) or under budget (1)? Answer: C3: What's your assessment of the project P2_2020 overall? Is the project on budget (0), over budget (-1) or under budget (1)? Answer: SPI CPI Your company was hired as a subcontractor for a client's "Destiny" project and awarded two main work packages within that project. Your company refers to this project internally using the cost code "P2_2020". You're given the table below that lists the work packages, their cost code, their budget, and their scheduled start day and end day (as agreed upon with the main contractor). The start and end days are measured in working days after the main project's start. So, a start date of 13, for example, means that work on the workpackage should start on work day 13 after the "Destiny" project's start. You have "progress to date" and "cost to date" data for both workpackages for the end of day 18 (see table). On day 19 you are asked to fill out the remaining columns, perform an Earned Value Analysis and comment on each of the workpackages' performances as well as on the overall performance of your project "P2_2020". Cost Code P2_2020.1.100 Name WorkPackage 1 ● WorkPackage P2_2020.1.200 Total for Project P2_2020 2 Start (Start of Day...) 44500 13 Budget ($) 98000 16 Finish (End of Day...) 19 22 Cost To Date ($) 62299 28983 Progress To Date (%) 100 65 Report Date (End of Day...) 18 18 BCWP ($) BCWS ($) ACWP ($) A) Finish the table above by filling in all of the missing values. (Use mathematical rounding and round to two decimal places. Don't include units.) B) For the following schedule questions, enter 0 if your answer is "on track", -1 if your answer is "behind schedule" or enter 1, if your answer is "ahead of schedule". • B1: What's your assessment of the Work Package 1? Is Work Package 1 on track (0), behind schedule (-1) or ahead of schedule (1)? Answer: • B2: What's your assessment of the Work Package 2? Is Work Package 2 on track (0), behind schedule (-1) or ahead of schedule (1)? Answer: • B3: What's your assessment of the project P2_2020 overall? Is the project on track (0), behind schedule (-1) or ahead of schedule (1)? Answer: C) For the following budget questions, enter 0 if your answer is "on budget", -1 if your answer is "over budget" or enter 1, if your answer is "under budget". • C1: What's your assessment of the Work Package 1? Is Work Package 1 on budget (0), over budget (-1) or under budget (1)? Answer: • C2: What's your assessment of the Work Package 2? Is Work Package 2 on budget (0), over budget (-1) or under budget (1)? Answer: C3: What's your assessment of the project P2_2020 overall? Is the project on budget (0), over budget (-1) or under budget (1)? Answer: SPI CPI

Answer rating: 100% (QA)

WorkPackage 1 BCWP Budget x Actual Completion percentage Days 44500 x 100 445 BCWS Budget x Planned ... View the full answer