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Calculate the cost and schedule variances

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Reference no: EM1391201

Q. The subsequent data were obtained from an Information Systems project to upgrade and expand a Local Area Network:
Activity Duration Predecessors Task Budget
A 3 Days --- $4,920
B 6 Days --- $7,680
C 3 Days A $15,140
D 2 Days B $4,980
E 3 Days B $5,630
F 2 Days C, D $2,270

At the end of Day 7, the status of the project is as follows:
Activity % Complete Actual Cost
A 100% $4,200
B 100% $8,740
C 100% $18,250
D 55% $2,600
E 10% $560
F 0% $0

(a) Calculate the Cost and Schedule Variances and Indexes for tasks A, B, C, D and E.

(b) As project manager, write a brief summary of the status of the project at this time

 

Reference no: EM1391201

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