Successful Project Management (with Microsoft Project 2010) | 5th EditionChapter 7, Problem 12QProblem- Please make sure to show the steps of A-E.a. Refer to the table below. What is the cumulative...

Successful Project Management (with Microsoft Project 2010) | 5th Edition

Chapter 7, Problem 12Q

Problem- Please make sure to show the steps of A-E.

a. Refer to the table below. What is the cumulative budgeted cost at the end of week 6?

b. Below is a table of actual costs. What is the cumulative actual cost at the end of week 6? Determine whether there is a cost overrun or underrun. What is causing it?

c. Below is a table of the cumulative percentages of work completed by the end of week 6. What is the cumulative earned value of the project at the end of week 6? Is it good?

d. What is the CPI at the end of week 6? What is the CV?

e. Calculate the FCAC using the first two methods described in the chapter.

In addition, describe a third FCAC method you could use.

Answered Same DayNov 01, 2022

Answer To: Successful Project Management (with Microsoft Project 2010) | 5th EditionChapter 7, Problem...

Prince answered on Nov 02 2022

54 Votes

Part A
    Question 12Q
            Week
        TBC    1    2    3    4    5    6    7    8    9    10
    Task 1    30    10    15    5
    Task 2    70        10    10    10    20    10    10
    Task 3    40                    5    5    25    5
    Task 4    30                                5    5    20
    Total    170    10    25    15    10    25    15    35    10    5    20
    Cumulative        10    35    50    60    85    100    135    145    150    170
    Part A.
    Thus, Following are the caculations:
    Week    Total Budgeted Cost
    1    10
    2    25
    3    15
    4    10
    5    25
    6    15
    Total    100
    From the above table, we can see than the Cumulative Budgeted cost till Week 6 is $100 thousand dollars
Part B
    Part B
        Week
        1    2    3    4    5    6
    Task 1    10    16    8
    Task 2        10    10    12    24    12
    Task 3                    5    5
    Task 4
    Total    10    26    18    12    29    17
    Cumulative    10    36    54    66    95    112
    Week    Total Actual...

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Successful Project Management (with Microsoft Project 2010) | 5th EditionChapter 7, Problem 12QProblem- Please make sure to show the steps of A-E.a. Refer to the table below. What is the cumulative...

Successful Project Management (with Microsoft Project 2010) | 5th Edition

Chapter 7, Problem 12Q

Problem- Please make sure to show the steps of A-E.

Answer To: Successful Project Management (with Microsoft Project 2010) | 5th EditionChapter 7, Problem...

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