Calculate financial performance of project

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A project was secured at a contract price of $600 Million and the estimated cost was $400 million

Due to rise in input material an item was to be purchased at 70 million was purchased at 100 million with a deley of 1 month Other cost for first two month was same

Other items estimated to be purchased at the end of project estimate at 150 million will cost 20% extra The delay will cost one month working hours costing 20 million

There is no penalty and Clint will pay 600million. At the end of the two month revenue billed to client was 300 million and payment made by client was 200 million actual cost activated completed and procurement done 180 million Cost of activities completed but vendor invoice not received 20 million

Calculate the financial performance of project at the end of 2nd month and base line planned profitability and current profitability in terms of % tage.

Reference no: EM132271137

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