1. Summarize in words what you see project status to be at this time. What do you predict regarding
the final cost and final schedule for the project?
Following are cost and schedule data for a project that is underway.
Month 1 2 3 4 5 6 7 8 9 10 11 12
Planned 25 35 50 52 60 65 80 60 55 55 40 20
Actual 30 33 55 61 65 82 75 63 45
planned actual cumalative cost curve(increase/decrease)
25 30 5
35 33 -2
50 55 5
52 61 9
60 65 5
65 82 17
80 75 -5
60 63 3
55 45 -10
55
40
12
Solution
Using