Question: Question 6 1 pts In class, we discussed a DO NOTHING FORECAST. This term means that some things are assumed to be held constant from

Question 6 1 pts In class, we discussed a DO

Question 6 1 pts In class, we discussed a DO

Question 6 1 pts In class, we discussed a DO

Question 6 1 pts In class, we discussed a DO NOTHING FORECAST". This term means that some things are assumed to be held constant from the Reporting Day through to the completion of the project. From the list below, select the one answer giving the combination of things that are assumed constant: O Schedule Performance Index and Cost Variance Cost Performance Index and Schedule Variance Budget at Completion and Schedule Performance Index Schedule Variance and Cost Variance Efficiency and Effectiveness Question 7 2 pts Your assistant collects all the necessary data to do an Earned Value Report with Reporting Day = 100. They do the analysis correctly, including a "Do Nothing Forecast", and report to you that the Forecast Duration is 40% greater than the Planned Duration and the Estimate at Completion is 40% over Budget. This is rather bad news. You would prefer better news, but it could be worse! However, later your assistant comes back to you and reports that they made one mistake: the data they used does not apply for Reporting Day = 100, it is actually the correct data for Reporting Day = 50. All of the other numbers are correct. The assistant repeats their analysis using the new corrected Reporting Day. = With this new value of Reporting Day, will the new corrected forecasts for running over time and over budget be (select the most appropriate one): Much worse than the previous forecast figures based on the incorrect Reporting Day. Much better than the previous forecast figures based on the incorrect Reporting Day. The same as the previous forecast figures based on the incorrect Reporting Day. A little worse than the previous forecast figures based on the incorrect Reporting Day. O A little better than the previous forecast figures based on the incorrect Reporting Day. Question 9 2.5 pts Here is some data for Project "XYZ" $ 5,196 thousand Budget Start Workday Finish Workday 10 112 Reporting Day 37 Earned Value $ 248 thousand Planned Value $ 462 thousand $ 603 thousand Actual Cost Using a "Do-Nothing" forecast, estimate the extra amount of money that will need to be added to (or subtracted from) the budget, in thousands of dollars, rounded to the nearest integer number of thousands. The allowed error margin is 2% or 1 thousand dollars, whichever is larger. For example, if you estimate you will come in $ 234,567.89 UNDER budget enter: -235 (do not leave out the - sign) Or if you estimate you will come in exactly $1M over budget, enter your answer as +1000

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