Specifically revenues and cash flows

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Reference no: EM13920992

You have a project to build a new block wall. The block wall is four sided with all sides being equal. Each side is to take one day to build and is budgeted for $10,000 per side. The sides are planned to be completed one after the other. Regarding project financial management, specifically revenues and cash flows: You will be paid for each side as that side is completed and accepted. In this case, assume that the sides have a finish-to-finish relationship instead of a finish-to-start relationship so more than one side can be worked on at the same time (in parallel).

Activity	Day 1	Day 2	Day 3	Day 4	Status End of Day 3
Side 1	S------------F				Completed, spent $10,000
Side 2		S----F-----PF			Completed, spent $9,000, plus 50% of Day 3 work, spent $10,000
Side 3		S---	PS---------PF		75% of Day 4 work, spent $3,000
Side 4			S----		PS---------PF

Key:

S = Start, F = Actual Finish, PS = Planned Start and PF = Planned Finish

Reference no: EM13920992

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