Question: I need help for this question help me please 2. You are managing a project with a budget of $5.000.000. Stakeholders have asked for an

I need help for this question help me please

2. You are managing a project with a budget of $5.000.000. Stakeholders have asked for an updated status and you provide cost figures are as shown in the following tables. Period Actual Cost Planned Value Earned Value Month 1 $ 1.250.000 $ 1.100.000 $ 1.000.000 Month 2 $ 500.000 S 600.000 750.000 Month 3 $ 2.000.000 Month 4 $ 1.300.000 Explain the project status at the end of Month 2 and what steps should be taken to keep the project running smoothly. (LO 4.2) (25%)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Question 1 The project management plan specifies that a predictive development approach has been selected to produce the project deliverables. Where in the project life cycle will the overall project...

It's an exciting time for New U Fitness. The caf is going to be extended with the inclusion of a new breakfast bar and a new breakfast menu. You are managing this project and have been asked to...

Outline at least three (3) reasons why it is important to identify and document project boundaries. outline two (2) factors that James needs to consider. Guideline: One example of the factors that...

Question Outline at least three (3) reasons why it is important to identify and document project boundaries. Question 2: Prior to identify project boundaries of Hungry Koala, outline two (2) factors...

Hi, tutors!! May I ask for your help with these question about finance please. I want to ask for help on questions 5 to 8. The pdf is the original file of the homework.The.docx file is what I have...

I need help in answering question number 9 on the paper provided with the questions. The journal entries from 1-8 are provide below to help close the term bond debt service fund asked in number 9....

Assessment Task 1 - Case Study Instructions to assessment task: Task 1.1 may be completed in groups. If undertaking this work in a group, all contributions must be clearly acknowledged and all...

PROJ ECT/ASSIG N M ENT ACTIVITY Instructions for; Assessor The Learner must demonstrate the ability to complete the tasks outlined in the elements, performance criteria and foundation skills of this...

Chapter 2 - Planning Project Communication IN THIS CHAPTER Struggling with Proper Project Communication Planning Preventing Common Communication Problems Creating a Project Communication Plan...

Project Management Casebook David I. Cleland, Karen M. Bursic, Richard Puerzer, and A. Yaroslav Vlasak Library of Congress Cataloging-in-PublicationData Project management casebook /edited by David...

What are the advantages and disadvantages of the various external recruitment sources?

Consider the problem of oxygen transfer from the interior lung cavity, across the lung tissue, to the network of blood vessels on the opposite side. The lung tissue (species B) may be approximated as...

8 Why do you think the experiment to find the speed of sound in water was done at night?

A linear programming problem can have multiple optimal solutions. Select one: True False

=+11. Use connectorsThese are words that tie each sentence or paragraph to the next, like and, so, the truth is, naturally, etc. Think of them as little stepping-stones that create a path that leads...

=+slogan Good to the last drop, the closing line could read, One sip and you'll know why it's good to the last drop. The closing line doesn't have to repeat the headline word-for-word, just embody...

=+9. Consider parallel construction This is a specific kind of phrasing or wording that you've heard or read many times: To be or not to be. It's not just coffee. It's Starbucks. No salt. No sugar....