Simple Budget Analysis

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INTERACTIVE MULTIMEDIA – Project Management 2 – SHERIDAN – Andrew Smyk Simple Budget Analysis: Background Information: Project Budget: $40,000 Schedule: 4 months 20 tasks divided evenly over 4 months cost per task: $2,000 After one month, you complete an analysis of the project and find the following: Work Completed After One Month: 3 tasks Cost breakdown:  Task 1 - $2000  Task 2 - $3000  Task 3 - $3000 Answer the following questions: 1. What is the original budget and schedule? 2. What is the BCWS? 3. What is the ACWP? 4. What is the BCWP? 5. What is the Cost Variance? 6. What is the Cost Performance Index? 7. What is the Schedule Variance? 8. What is the Schedule Performance Index? 9. What is the new estimated cost of the project at completion? 10. What is the new estimated completion time?

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