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Cumulative cost curve comparing actual versus planned costs

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Reference no: EM132191893

Question 1) Following are cost and schedule data for a project that is underway.

Project Cost Data

Month

 Planned

Actual

1

 30

12

2

 35

23

3

 42

55

4

 46

55

5

 40

53

6

 52

60

7

 45

75

8

 48

80

9

 50

 

10

 40

 

11

 30

 

12

 15

 

Project Schedule Data

Task

Planned Starting Month

Planned Duration (months)

Actual starting month

Actual Duration (mths)

A

 1 2 2

3

6

 2 3 3

5

C

 4 3 6

3        so far

D

 6 5 7

2       so far

E

 8 4

Not yet begun

 

F

 10 3

Not yet begun

 

a) Using the cost data in the cost table above, create a cumulative cost curve comparing actual versus planned costs

b) Using the schedule data in the schedule table above, create a Gantt chart comparing actual versus planned schedule performance

Verified Expert

In the given assignment, we were required to derive cost table, calculation of cumulative costs and drawing of the cumulative cost curve. Based on the data, we further required to draw Gantt chart comparing the actual schedule with the planned schedule.

Reference no: EM132191893

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