Please show me How Did you get the answers too?
From the tables given in question, we get answers as shown below:
a) Cumulative budgeted cost at the end of week 3 = Sum of total budgeted cost for each activity for each week 3= Total budgeted cost for task 1 for week 1 + Total budgeted cost for task 1 for week 2 + Total budgeted cost for task 2 for week 2 + Total budgeted cost for task 2 for week 3 + Total budgeted cost for task 3 for week 3 (We stop at week 3 since end of week 3 costs are required)
= 15 + 10 + 5 + 10 + 25 = $65 thousands
Hence cumulative budgeted cost at the end of week 3 = $65 thousands
b) Cumulative actual cost at the end of week 3 = Sum of total actual cost for each activity for each week 3 = Actual cost for task 1 for week 1 + Actual cost for task 1 for week 2 + Actual cost for task 2 for week 2 + Actual cost for task 2 for week 3 + Actual cost for task 3 for week 3 (We stop at week 3 since end of week 3 costs are required)
= 20 + 10 + 10 + 15 + 30 = $85 thousands
Hence cumulative actual cost at the end of week 3 = $85 thousands
c) Cumulative earned value at the end of week 3 = % work
complete x Total budgeted cost for that complete task by end
of week 3
As seen from table, 100% of task 1 is complete, 100% of task 2 is complete and 90% of task 3 is complete by end of week 3
Total earned value = 100% of total cost of task 1 + 100% of total cost of task 2 + 90% of total cost of task 3
= 100% x 25 + 100% x 20 + 90% x 50 = 25+20+45 = $90 thousands
Hence, cumulative earned value at the end of week 3 = $90 thousands
Week BUDGETED COSTS Task 1 Task 2 Task 3 Task 4 TBC 25 20 50 20 15 10 105 25 25 10 10 Numbers are...
A project has 98 activities. At the end of period 4, it has been reported that activity A is 100% completed, activity B is 100% completed, activity C is 50% completed, and activity D is 80% completed. The budgeted costs for these activities are shown in the following table. Activity А B с D Total Budgeted Cost($) 20 15 100 35 According to the project plan, the cumulative budgeted cost at the end of period 4 is $110 and the...
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QUESTION 9 What is the Budgeted Cost to Work Performed (BCWP) for the following project A project consists of sex tasks. Task Als scheduled to begin at the start of Week 1 and finish at the end of Week 4. Task is scheduled to begin at the start of Week 1 and finish at the end of Week 2 Task is scheduled to begin at the start of Week 3 and end the end of Week 4. Task D is...
A project has 101 activities. At the end of period 4, it has been reported that activity A is 100% completed, activity B is 100% completed, activity C is 50% completed, and activity D is 80% completed. The budgeted costs for these activities are shown in the following table. Activity A B с D Total Budgeted Cost($) 20 15 100 35 According to the project plan, the cumulative budgeted cost at the end of period 4 is $110 and the...
A project has 69 activities. At the end of period 4, it has been reported that activity A is 100% completed, activity B is 100% completed, activity C is 50% completed, and activity Dis 80% completed. The budgeted costs for these activities are shown in the following table. Activity B Total Budgeted Cost(5) 20 15 100 35 С D According to the project plan, the cumulative budgeted cost at the end of period 4 is $110 and the total project...
A project has 114 activities. At the end of period 4, it has been reported that activity A is 100% completed, activity B is 100% completed, activity C is 50% completed, and activity D is 80% completed. The budgeted costs for these activities are shown in the following table. Activity A B с Total Budgeted Cost($) 20 15 100 D 35 According to the project plan, the cumulative budgeted cost at the end of period 4 is $110 and the...
Time
2
4
7
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32
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26
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13
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Given the following task time estimates, PESS Task OPT ML 31 40 60...
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