Question: important !! A=1 B=7 C=4 D=7 E=8 F=3 Please provide everything in details as soon as possible Thank you Q1. A project is being monitored

important !! A=1 B=7 C=4 D=7 E=8 F=3 Please

important !! A=1 B=7 C=4 D=7 E=8 F=3 Please

important !! A=1 B=7 C=4 D=7 E=8 F=3 Please

important !! A=1 B=7 C=4 D=7 E=8 F=3

Please provide everything in details as soon as possible Thank you

Q1. A project is being monitored using Project Network Techniques, and the programme has been fully costed. The completed bar chart is attached as Figure la. The following table shows the original duration (as planned) and total budget cost of each activity. The table also indicates the progress situation as determined at the end of week 7 (Time Now), given as percentage complete for each activity. Original Total cost (5) Percentage completion at end of week 7 Activity Duration 101 6 weeks # 1.C00 100% complete 102 3 weeks # 4,000 100% complete 103 5 weeks # 25,000 60% complete 104 3 weeks # 7.000 30% complete 105 5 weeks # 10,000 0% - not started (a) BAC t......... Budget at Completion (Total Project Cost) Using the space below the bar chart on Figure la draw the Baseline 'S curve of the Budget Cost of Work Scheduled (BCWS) for this project. (10 marks) (6) Using the percentage completion figures given above, calculate the Budget Cost of work Performed (BCWP) for this project at the end of week 6. (10 marks) (c) Determine the Schedule Variance (cost) and the Schedule Variance (time) for this project at the end of week 7, and indicate these variances on the curve diagram.(15 marks) Formulae for (d) are given below The Actual Cost of Work Performed (ACWP) at the end of week 7 is t28,EFO. Calculate the Cost Performance Index (CPI) and the Estimated Cost to Complete [ETC] at the end of week 7. From this information, what is the Forecast Cost Overrun on this project? (10 marks) (d) (Completed S Curve Diagram (Figure la) in with your answer. FORMULAE Cost performance index to date, CPI = BCWP/ACWP Budgeted cost to completion, BCC = BAC-BCWP Estimated cost to completion, ECC = BCC/CPI Forecast cost at completion, FCC = ACWP+ECC Forecast cost overrun = FCC-BAC Page 2 of 5 Weeks 6 7 1 3 4 5 8 9 10 N Activity label 101 102 103 104 105 BCWS Curve :50,000 $ 40,000 + 30,000 +20,000 10,000

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