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
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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?
Transcribed Image Text: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?
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