Question: Instructions for Problem 4: PERT Cost (10 Points) Based on the information below, prepare a comprehensive report that includes the following: The complete budget using

Instructions for Problem 4: PERT Cost (10 Points)

Based on the information below, prepare a comprehensive report that includes the following:

  1. The complete budget using ES times.
  2. Suppose the project is on its 10th week. Using this information, determine if the project is on track given that:
    • Activity A is 100% done with a cost of $1,800
    • Activity B is 100% done with a cost of $6,000
    • Activity C is 80% done with a cost of $6,000
    • Activity D is 100% done with a cost of $8,500
    • Activities E and F have not been started
  3. Prepare a short report on the writing of the project including a recommended strategy on the next steps.

Problem 4: PERT Cost (10 Points)

A project requires these activities to be completed and the table below shows the expected time and budgeted cost for each activity.

Activity

Expected time (weeks)

Budgeted Cost

Immediate Predecessors

A

3

$2,000

None

B

4

$6,000

None

C

2

$7,000

A

D

5

$9,000

B

E

3

$3,000

C

F

6

$8,000

B, D

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