Question: Refer back to the sample project examined in module two and imagine that everything is executed perfectly. Imagine that youre now in time period 17.

Refer back to the sample project examined in module two and imagine that everything is executed perfectly. Imagine that youre now in time period 17. Activity 4-5 is now complete as scheduled, and Activity 3-6 has also just completed, two periods ahead of schedule. Imagine that Resource A cost $6,000 for each period it was active on Activity 3-6: 5 periods, not the 7 periods at $5,000 per period expected. You are now ahead.

1. What is the cost variance?

2. What is the new forecasted total cost at completion if you use Method 1?

3. What is the new forecasted total cost at completion if you use Method 2?

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