Question: Please help, this is part 2 to my initial question, using the same data as the first question: Each task has been assigned each a
Please help, this is part 2 to my initial question, using the same data as the first question:
Each task has been assigned each a TBC. (Task 1 - $15,000); (Task 2 - $12,000); (Task 3 - $30,000); (Task 4 - $3,000). You estimate this will take 5 weeks to complete. The costs are budgeted as follows:
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| Budgeted Per Week (in 000s) | ||||
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| TBC | 1 | 2 | 3 | 4 | 5 |
| Task 1 | 15 | 10 | 5 |
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|
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| Task 2 | 12 |
| 8 | 4 |
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| Task 3 | 30 | 5 |
| 10 | 10 | 5 |
| Task 4 | 3 |
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|
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| 3 |
Assume 4 weeks have passed and these are the actual costs per week:
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| Actual Costs Per Week (in 000s) | |||
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| 1 | 2 | 3 | 4 |
| Task 1 | 9 | 4 | 7 |
|
| Task 2 |
|
| 6 | 3 |
| Task 3 | 3 | 1 | 3 |
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| Task 4 |
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Below is the cumulative percentage of work complete per task per week:
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| Cumulative Percentage Complete | |||
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| 1 | 2 | 3 | 4 |
| Task 1 | 40 | 62% | 100% |
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| Task 2 |
|
| 75% | 100% |
| Task 3 | 5% | 7% | 25% | 25% |
| Task 4 | 5% | 5% | 5% | 5% |
FCAC (3 Methods)
Assume the project continues to completion with no changes to the CPI, what is the expected FCAC? Is this under or over budget?
Assume the project continues based on its original budgeted costs, what is the expected FCAC? Is this under or over budget?
Using the SPI, is this project is on schedule?
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