A project with total budget cost of 30 cr. is scheduled to be completed in 80 weeks. A periodic review was carried out at end of 60 weeks and results are as given: Budgeted cost of work performed = 17 cr. Actual Cost of work performed = 19 cr. Budgeted cost of work scheduled = 21 cr. What is the cost performance index? A.0.895 B.0.81 C.0.90 D.1.12
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- ew Assessment X G As an independent pro x vle.phoenix.edu/ultra/courses/_386284_1/grades/asse X The project you have been hired to turn around is one that was started 18 months ago and was managed by the then-director of customer service, who, after 20 years, has left for another opportunity. This project, like other projects at the company, is floundering. It is already six months behind schedule and over budget, and it lacks commitment from the four other functional groups who are key stakeholders: sales, accounting, IT, and order processing. The project you are charged with getting back on track and completing is for a new customer service system that is projected to create efficiencies, automate call center functions, and increase the quality of customer service. Use this scenario to address the following in 525 to 700 words using MS Word. 1. Assess two reasons why the previous manager may not have been the right person to run this project. The previous manager was the director of…Mueller & Associates is a urban planning firm that is designing a new public park in an Omaha suburb. Coordination of the architect and subcontractors will require a major effort to meet the 45-week completion date requested by the owner. The Mueller project manager prepared the following project network. Start A B F H 0 D E Finish Estimates of the optimistic, most probable, and pessimistic times (in weeks) for the activities are as follows. Activity Optimistic Most Probable A 4 8 Pessimistic 12 B 6 7 8 C 6 12 18 D 3 5 7 E 6 9 18 F 5 8 17 G 10 15 20 H 5 6 13IT PROJECT MANAGEMENT:EX 2.4 You have a project to be completed in 12 months, and the budget of the project is R100, 000. 6 months have passed, and R60, 000 has been spent., but on closer view you find that only 40% of work has been completed so far. Given in question : Actual cost (AC) =R60 000 Earned Value (EV) =40% of R100 000 =R40 000 Find the project's cost varience (CV) and determine if you are under budget or over budget.
- Please do not give solution in image formate thanku. Which of the following reports shows a quarterly breakdown of costs, comparing actual costs to the baseline, and showing changes once task actual finish dates and work completion percentages are entered into the project? Earned Value Report Cash Flow Report Task Cost Overview ReportProblem Statement: Project Control and Monitoring You are working on a manufacturing project having a budget of PKR 3,600,000 and expected time of its completion is one year. There is an ideal condition that your budget and work are evenly spread across the duration of the project that is twelve month. At the end of forth month, the senior management has called a meeting and invited all the stakeholders to brief about the status of the project. You being the PM of this project is giving the presentation to all the attendees and informed that project is on schedule and PKR 1,800,000 have already been spent on the project. Required: Calculate Cost and Schedule Variance What is SPI and CPI of the project? Estimate at completion and Estimated time to complete?Constraints are those factors that can limit a project. Which of the following are considered constraints (choose all that apply)? a. Quality b. Strategic Plan c. Risks d. Requirements e. People and Materials f. Project Management Information System
- (12) Cost budgeting can be best described by which of the following? A The process of developing the future trends along with the assessment of proba bilities, uncertainties, and inflation that could occur during the project B. The process of assembling and predicting costs of a project over its life cycle C. The process of establishing budgets, standards, and a monitoring system by whi ch the investment cost of the project can be measured and managed D. The process of gathering, accumulating, analyzing, reporting, and managing the costs on an on-going basis (13) The process of monitoring the status of the project to update the project costs and managing changes to the cost baseline is called A Determine Budget B. Control Costs C. Estimate Costs D. Plan Cost Manag ement (14) Cost Variance (CV) is which of the following equations? A CV = EV - PV B. CV = EV - AC C. CV = EV / AC D. A and c (15) To assist in budget control, it is suggested that an estimate be created at the level of the…You are developing a performance progress report for a project you are managing. The following time-phased budget was developed earlier in the planning stage and is being used as the standard against which the project performance is measured. Work Packages A B C Total W1 4 4 W2 8 8 W3 2 W4 5 5 W5 9 19 W6 6 6 You are analyzing the project performance at the end of Week 5. Activity "C" is 80% complete and its actual cost is 15. What is the schedule variance of this activity? Use two decimal places in your calculations.Given the data for a project in table Q3, using the following assumptions: 1. 8 hours as working day 2. The company will work all days. 3. Maximum number of workers available per day is 6 4. Activities cannot be break down 5. Budget will distributed equally per day, except for activities (B, H and L), the payment will be after two days of working: means that the first payment will be at the end of day2, then day four and so on. 6. They estimate that the work will starts on the first of November 2017 Develop a report containing the followings: Date of finish BAD O GYEK 1. 2. Early start and Slack time for each activity 3. Resource histogram 4. Cumulative Budget baseline curve 5. Interpret the final report co Table Q3 Duration (Hrs) No of Workers Budget Activity predecessor A None 48 12000 64 32000 C 16 10000 32 4. 12000 B,C 32 8000 B,C 16 6000 G B,C 16 4 10000 H. 64 16000 3. 16 4000 32 1 12000 K 32 3 16000 H. 48 1 12000 Total Budget of RM150000
- You are developing a performance progress report for a project you are managing. The following time-phased budget was developed earlier in the planning stage and is being used as the standard against which the project performance is measured. Work Packages W1 W2 W3 W4 W5 W6 W7 W8 W9 W10 W11 4 10 6 A B C Total 1 6 8 4 10 6 1 6 8 5 6 10 8 5 6 8 88 10 3 3 At the end of Week 8, activity "C" is 50% complete. What is the Earned Value of this activity? Use two decimal places in your calculations.Stinnett Transmissions, Incorporated, has the following estimates for its new gear assembly project: Price $1,220 per unit; variable costs = $3.75 million; quantity = 90,000 units. Suppose the company believes all of its estimates are accurate only to within ±15 percent. What values should the company use for the four variables given here when it performs its best-case scenario analysis? What about the worst-case scenario? Pls don't copy answer i give up voteYou are the project manager of a project that has $142590 as the budget at completion. 65% of the work was planned to be completed at the end of month seven but only 53% has been completed as at today with an actual cost of $78352. The project's Estimate To Completion (ETC) is closest to? 104223 Skip this question to avoid any negative score! None of the given answers 52111 O 138964 • 69482