Project Management -Project management 1) Following are cost and schedule data for a project
Using data from the table a cumulative cost curve was created for comparing the actual versus the planned costs.
A gantt chart was also created using the schedule table comparing actual versus planned schedule performance.
Finally there is a summary regarding the project status and a prediction regarding the final cost and final schedule for the project.
1) Following are cost and schedule data for a project that is underway.
a) Using the cost data in the cost table above, create a cumulative cost curve comparing actual versus planned costs
b) Using the schedule data in the schedule table above, create a Gantt chart comparing actual versus planned schedule performance
c) 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?
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Solution: Project Management -Project management 1) Following are cost and schedule data for a project