Question: Refer to the attached 2 tables below - one is actual costs and one is budgeted costs to answer the below questions: ( Amounts are
Refer to the attached tables below one is actual costs and one is budgeted costs to answer the below questions:
Amounts are in thousands of dollars
a What is the TBC for the entire week project? marks Use Fig to answer this question.
b What is the cumulative budgeted cost at end of week marks Use Fig to answer this question.
c What is the cumulative actual cost at the end of week marks Use Fig to answer this question.
d Determine whether there is a cost overrun or underrun and how much? marks Use both figures to answer this question.
e What is causing ithere you need to look at Tasks and and compare to the budget for each task to determine what is driving the change vs budget marks Use both figures to answer this question.
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