Project Schedule and Budget Data Provided:
Task | Duration (days) | Predecessor(s) | Budget |
A | 2 | --- | $1,600 |
B | 5 | --- | $4,000 |
C | 3 | A | $14,050 |
D | 4 | B | $5,800 |
E | 6 | B | $12,000 |
F|4|C,D| $5200
G|3|E|$3900
Status of the project at the end of day 6:
Task
|
% Complete
|
Actual Cost of Work Performed
|
A
|
100%
|
$1,800
|
B
|
100%
|
$4,500
|
C
|
90%
|
$13,500
|
D
|
10%
|
$500
|
E
|
0%
|
$0
|
F
|
0%
|
$0
|
G
|
0%
|
$0
|
1. Calculate the schedule variance for each task and the total project.
2. Calculate the cost variance for each task and the total project.
3. What is your assessment of the project at this time?