Calculate the cost variance and schedule variance

Assignment Help Operation Management

Reference no: EM13109813

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?

Reference no: EM13109813

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