Calculate the cost performance index

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Reference no: EM133349369

Question: Francisco has been given a project in which he has to make to makefive wedding cakes in seven days. A $2k budget is provided. By the end of day three, he has completed one-third of the work and spent $1. Calculate the cost performance index

Stephanie is managing a project and identifies a high priority risk that the contracting company they have selected may not meet the required schedule, which would delay the completion date. Which of these are mitigation(s) that she could use?

Identify alternative contracting company that could be engaged if the original company delays their start date

Delay the schedule if the contracting company is not available during the target timeframe

Augment the contract with a penalty if they don't meet the completion date and a bonus if they do

Albert is having to decide with relative uncertainty whether to develop the multifunction or basic printer for her project. For the multifunction printer, there is a 30% change of an upside of $100M, 20% chance of the downside of -$60M. Otherwise, the option will provide $50M of value. If the basic printer has a total expected value of $30M, which option should she choose?

Reference no: EM133349369

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