You are the project manager for a smart watch development project. The project has a budget of SAR 150,000 to develop the smart watch with advanced health- monitoring features, fitness tracking, and seamless smartphone integration. The project timeline is 9 months for a total of 1,400 hours. According to the project schedule your team should be done with 65% of the work which is planned to cost 35% of the budget. As of today, the project is 45% complete while 25% of the budget has been used. From the given information, determine the following and then answer the question below. Answers: BAC = PV= AC = EV = CV = SV= CPI = SPI = EAC= ETC= How is the project doing? Is there any problems? Why? Is it ahead of schedule or behind schedule and Why? Is it under budget or over budget and Why? Based on the performance to the date, what the project will cost to complete?
You are the project manager for a smart watch development project. The project has a budget of SAR 150,000 to develop the smart watch with advanced health- monitoring features, fitness tracking, and seamless smartphone integration. The project timeline is 9 months for a total of 1,400 hours. According to the project schedule your team should be done with 65% of the work which is planned to cost 35% of the budget. As of today, the project is 45% complete while 25% of the budget has been used. From the given information, determine the following and then answer the question below. Answers: BAC = PV= AC = EV = CV = SV= CPI = SPI = EAC= ETC= How is the project doing? Is there any problems? Why? Is it ahead of schedule or behind schedule and Why? Is it under budget or over budget and Why? Based on the performance to the date, what the project will cost to complete?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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