Question: You are the new project manager tasked with taking over for a project manager who left six weeks ago. Some of the numbers that you
- You are the new project manager tasked with taking over for a project manager who left six weeks ago. Some of the numbers that you find in your initial research are as follows:
- Estimated project cost: $675,000
- Project timeline: 24 weeks
- This is week 16 and accumulated costs are $300,000.
- Additionally, only 25% of the work has been complete
- What is the cost variance?(3 points)
- What is the schedule variance?(3 points)
- What will be the estimated costat completion?(4 points)
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
