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Problem Assignment #3 Total points: 10 Data for a project is shown below: Activity Duration (months) Precedence Budget or Plnd

Project Management Apr 27, 2021

Problem Assignment #3

Total points: 10

Data for a project is shown below:

Activity

Duration

(months)

Precedence

Budget or Plnd. Cost

Percent

Completed

A

3.00

-

15000

100

B

1.00

-

5000

100

C

2.00

A

10000

90

D

3.00

A

21000

100

E

2.00

B

32000

90

F

1.00

C, D, E

5000

0

G

1.00

E

5500

0

 

The project started on June 1st.  The project has a planned duration of 7 months. Table above shows percent activities completed as of end of November.

Data below are planned cost and actual cost (spent) from June to November:

 

                     Planned                 Actual

Month                    Cost                       Cost

June             5000                       6000

July              5000                       6000

Aug              5000                       8000

Sept             12000                      15000

Oct               28000                      30000

Nov              28000                      30000

 

  1. Compute critical ratio. (4 points)
  2. Based on current schedule performance level, estimate schedule delay (in months) for the project. (2 points)

 

 

#2) Status of activities of a project are given below. Based on the information, determine which activities are on time or early or behind schedule? (4 points)

 

Activity         Budgeted Cost       Actual Cost   Critical Ratio

A                            300                         200               1.0

B                            125                         250               0.5

 

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