Question: Part Three : Forecast Project Cost Answer the following questions , using as much space as you need . Refer back to the sample project

Part Three : Forecast Project Cost Answer the following questions , using as much space as you need . Refer back to the sample project examined in module two and imagine that everything is executed perfectly. Imagine that you're now in time period 17 . Activity 4-5 is now complete as scheduled , and Activity 3-6 has also just completed , two periods ahead of schedule. Imagine that Resource A cost $6,000 for each period it was active on Activity 3-6:5 periods, not the 7 periods at $5,000 per period expected. You are now ahead. 5 1-2 1-4 3-6 5-6 D Resource Type B 2-3 4-5 0123 30 11 12 13 14 15 16 17 19 20 21 22 23 24 25 26 27 2 29 Sept 16 " April 18 Jan 16 May 17 Nov 16 8 Using the methods presented in this module , answer the following questions 1. What is the cost variance ? 2. What is the new forecasted total cost at completion if you use Method 1
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