Computers and Technology, 08.10.2021 18:50 lailai432
Given this hypothetical project with the following characteristics, answer the following questions:
You are the project manager of a project to build crafty birdhouses.
You are to build three birdhouses a month for 6 months.
Each birdhouse is planned to cost $75.
Your project is scheduled to last for 6 months.
It is the beginning of month 3.
You have built 12 birdhouses and your CPI is 1.25
How is the project performing?
Please explain
Is it
Over budget and ahead of schedule
Under budget and ahead of schedule
Over budget and behind schedule
Under budget and behind schedule.
What is the actual cost of the project right now? (AC)
Assuming that the COST variance experienced so far in the project will continue, how much more money will it take to complete the project?(ETC)
If the variance experienced so far were to stop, what is the project's estimate at completion(EAC) ?
What is the project's TCPI using the project's budget at completion (TCPI = (BAC- EV)/(BAC - AC)) ?
Senior management wants to the percentage of the project that is complete. What should you report?((EV/BAC)*100%)
Answers: 3
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