Question: project management need answer Question 2 (7 marks) (a) The following questions refer to table below. Mar Jan 500 Apr Feb 150 200 Activity Total

project management project management need answer Question 2 (7

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Question 2 (7 marks) (a) The following questions refer to table below. Mar Jan 500 Apr Feb 150 200 Activity Total budgeted cost (RM) 650 B 350 1,100 D 800 E 2,700 F 3,000 G 750 dow 150 800 300 300 % May Jun Jul complete 100% 100% 80% 300 200 70% 700 2.000 50% 3,000 40% 350 400 25% Actual cost (RM) 600 400 900 800 800 2,800 At the end of June, i. What is the cumulative budgeted cost? (1 Marks) ii. What is the cumulative actual cost? (1 Mark) iii. Determine whether there is a cost overrun or underrun? (1 Mark) iv. What is the cumulative earned value of the project? (2 Marks) V. What is the Cost Performance Index? II (2 Marks) CHAPTER 7 Determining Costs, Budget, and Earned Value

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