Question: Question: 2 [10 Marks] a) Suppose you are the Project Manager at Karachi Grid Station and you are managing a Project of 100 KW Solar
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Question: 2 [10 Marks] a) Suppose you are the Project Manager at Karachi Grid Station and you are managing a Project of 100 KW Solar Panels installation at Karachi Grid Station. The project is expected to be completed in 8 months at a cost of Rs. 1 million per month. After 2 months project is 30 percent completed at a cost of Rs. 4 Million. Compute whether the project is on-time and on-budget after 2 months. b) The project should be completed in 12 months and you have only a budget of Rs.12 million. After a month, you have completed 10 percent of the project at a total expense of Rs1.2 million. The planned completion should have been 15 percent. Apply the Earned Value Management method to identify Cost Performance Index (CPI) and Schedule Performance Index (SPI) with your interpretation
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