Question: You are managing a project to build a continuous concrete sound barrier along the highway, 1 0 tall and 7 . 2 miles long. Total
You are managing a project to build a continuous concrete sound barrier along the highway, tall and miles long. Total budget for the project is $ million, and you have been allotted work days to complete the entire wall.
When the project was planned, the costs were determined to occur on a level basis day for day. In other words, on Day no money has been budgeted, and no work has been completed. After Workday you should have half the wall built and half the money spent, so that on Workday the wall is completed and the money is all gone.
After days have elapsed, you realize things are getting a little behind, but not seriously, so you tell your foremen to step it up and get things going. You got busy on another project you were tasked with and didnt have a chance to closely track this wall for several months after that. Every time you called the foremen to inquire on progress, they always assured you Things are great! You have now completed the other project, and on checking the wall closely, you determine at the end of Workday that of the wall has been completed, and $ has been spent on the project.
Are you ahead or behind on schedule SV SPI Why do you think this may have happened?
Are you under or over budget CV CPI What could have caused this? Is there a chance you could finish on or under budget? What would have to be changed for this to happen?
Will your team get a bonus for completing on time and under budget? Based on your position right now, what changes will you make in the plan for the remaining days?
If your team continues at the current rate, when do you expect to have the wall completed, and at what cost EAC VAC
If completing on time is mandatory, and you must make appropriate changes to accomplish this deadline, what will it cost you, and how will you get this done?
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