Given a project with the following characteristics, answer the following questions: You are the project manager of a project to build fancy birdhouses. You are to build two birdhouses a month for 12 months. Each birdhouse is planned to cost $100. Your project is scheduled to last for 12 months. It is the beginning of month 10. You have built 20 birdhouses and your CPI is 9091. a. Assuming that the COST variance experienced so far in the project will continue, how much more money will it take to complete the project? b. If the variance experienced so far were to stop, what is the project's estimate at completion?

Given a project with the following characteristics, answer the following questions: You are the project manager of a project to build fancy birdhouses. You are to build two birdhouses a month for 12 months. Each birdhouse is planned to cost $100. Your project is scheduled to last for 12 months. It is the beginning of month 10. You have built 20 birdhouses and your CPI is 9091. a. Assuming that the COST variance experienced so far in the project will continue, how much more money will it take to complete the project? b. If the variance experienced so far were to stop, what is the project's estimate at completion?

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 21P

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