You are a PM on effort to develop a new software feature.The plan is broken down into tasksperbelow. Eachphasestarts whentheprior onefinishes.Todayistheendofmonth 5 and is noted in the Status column.

Task	Duration	Budget	Status-endofmonth 5
Requirements	1month	$10,000	Complete,spent$10,000
Architecture	1month	$10,000	Complete, spent$12,000
Design	1month	$10,000	Complete,spent$12,500
Code	2months	$20,000	25%complete,spent $7,000
Test	1month	$10,000	Not started

Assumeworkwillcontinue atcurrentrate.Completebelow.

	Formula	Calculation	Result
PV
EV
AC
BAC
CV
CPI
SV
SPI
EAC
ETC
VAC
TCPI
Status

QuizQuestion2

SITUATION:

TheACMEcompanyisdrillingapipelineunderneathariver.Itrequiresacomplexboring machine with which they have little experience

Iftheydon'toperate theboringmachine properly,theycoulddamagethemachineand/or riverbank.If they damage the riverbank, environmental groups will work to prevent them from getting future permits for similar projects.

Damagingtheboringmachine couldcost$50,000-$250,000inrepairsand2-4weeksinlost time.

PROBABILITIES:

Theseweredeterminedfromtheexperiencewithinthecompany andinterviewswith2 other companies using the boring machine

ITEM	PROBABILITY
$75,000Equipment Damage	20%
$200,000EquipmentDamage	20%
NoEquipmentDamage	60%
RiverbankDamage	20%

What'stheprobablecostofequipment damage?Explainyouranswer.