Question: Q 3 : a ) The scheduled work activities for a project, together with the corresponding duration and budgeted amount estimated at the start of
Q: a The scheduled work activities for a project, together with the corresponding duration and budgeted amount estimated at the start of the project, are shown in the table below. In a weekly progress meeting at the end of the day of the project, the contractor reports that the paving has been placed and is ready for application of the sealer. The contractor aiso explains that new compacting methods have heiped reduce the project costs by $ below the total budgeted cost for construction through placement of the paving. Determine the following using Earned Value measures: points
a The status of the project in terms of schedule: Ahead of schedule Behind schedule
b The status of the project in terms of cost
Under budget Over budget
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