Exercise ...

Question

Exercise																																																																																																																										Task																																															Elapsed Days of Work																																										Days of Work Remaining																																			A																							2																							0																													B																							8																							0																													C																							4																							0																													D																							10																							4																													E																							0																							8																													F																							0																							6																													G																							0																							3																													H																							0																							6																			Update the MSProject plan to reflect the progress and submit your file along with answers to the following questions:										What is the planned cost of completing the project?									What is the schedule variance as of July 1?												What is the CPI as of July 1?								" style="display: block; overflow-wrap: break-word; overflow: auto hidden;">					Complete this exercise in MSProject. You can use your solution to the resources exercise (with the HR Manager available at 100%) as the basis for this exercise.							Your project began on June 1 and it is now July 1. The progress and remaining time on each task is as follows:																																											Task																																												Elapsed Days of Work																																												Days of Work Remaining																																					A																2																0																								B																8																0																								C																4																0																								D																10																4																								E																0																8																								F																0																6																								G																0																3																								H																0																6																			Update the MSProject plan to reflect the progress and submit your file along with answers to the following questions:											What is the planned cost of completing the project?										What is the schedule variance as of July 1?														What is the CPI as of July 1?

Banasree · Accepted Answer

1.Ans.
Assuming that the cost per day for each task is $100, the planned cost of completing the project would be:
Planned Cost = (Elapsed Days of Work + Days of Work Remaining) x Cost per Day
For each task, the planned cost would be:
Task A: (2 + 0) x $100 = $200
Task B: (8 + 0) x $100 = $800
Task C: (4 + 0) x $100 = $400
Task D: (10 + 4) x $100 = $1400
Task E: (0 + 8) x $100 = $800
Task F: (0 + 6) x $100 = $600
Task G: (0 + 3) x $100 = $300
Task H: (0 + 6) x $100 = $600
Therefore, the planned cost of completing the project would be:
Planned Cost = $200 + $800 + $400 + $1400 + $800 + $600 + $300 + $600
= $4,100
The planned cost of completing the project is $4,100.
2.Ans.
The schedule variance as of July 1 would be:

Task	Elapsed Days of Work	Days of Work Remaining
A	2	0
B	8	0
C	4	0
D	10	4
E	0	8
F	0	6
G	0	3
H	0	6

Task	Elapsed Days of Work	Days of Work Remaining
A	2	0
B	8	0
C	4	0
D	10	4
E	0	8
F	0	6
G	0	3
H	0	6

ExerciseComplete this exercise in MSProject. You can use your solution to the resources exercise (with the HR Manager available at 100%) as the basis for this exercise.Your project began on June 1 and...

Exercise

Answer To: ExerciseComplete this exercise in MSProject. You can use your solution to the resources exercise...

Answer To This Question Is Available To Download

Related Questions & Answers

Submit New Assignment