Question: Welcome future project managers. Today we have a real world scenario for you. We're tasked with building a new fence encompassing four sides. Each plan
Welcome future project managers.
Today we have a real world scenario for you.
We're tasked with building a new fence encompassing four sides.
Each plan to be completed in one day with a budget of $ per side.
Imagine the project is unfolding right before us
Our project involves constructing A sided fence.
Each side should take one day to build.
With a budget set at $ per side, the construction is planned to progress one side after another.
Fast forward to the end of day three and let's assess our progress.
Side one is complete, costing exactly $
Side two also stands complete, but it went over budget, costing dollars.
Side is halfway done with $ already spent, and side hasn't started yet. what is the planned value PV at the end of third day?
what is the Earned value EV at the end of third day?
what is the Actual CostAC at the end of third day?
If this project is handled at the same cost performance as present how much more will this project cost since the end of third dayroundup to an integer dollar value
Can we complete this project within budget and on time Comment on your rationale.
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