QUESTION $3(25$ Marks$)$

a$)$ Pressure from Carren and her Union delegation could potentially generate change resulting in

increased complexity of the management task, which could lead to jeopardising cost and

project certainty. Discuss this statement in the context of the case given.

$(10$ marks$)$

b$)$ Paula assigned Daneil a mini project which needs to be completed in $6$ months. The budget for

this project is $100,000$ USD with a constant burnt rate $($the same amount is spent every month$).$

$2$ months have passed and Daniel has spent $40,000$ USD. Upon close review, he finds that only

$25\%$ of the work has been completed. Robert, a Cost Portfolio Management expert is being

asked to assist Daniel by calculating and analyzing the following:

i$.$ the Schedule Performance Index $($SPI$)$ and Cost Performance index $($CPI$)$

$(4$ marks$)$

ii$.$ the Estimate at Completion $($EAC$)$ and the Variance at Completion $($VAC$),$ should no measures

be taken to correct any variances identified.

$(4$ marks$)$

iii. What advice should Robert have for Daneil?

$(7$ marks$)$