Jan 23, 2018

What do you predict regarding the final cost and final schedule for the project?

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CST 282. Information Technology Project Management

Assignment 4

Integrated cost/schedule control exercise (25 points)

Following are cost and schedule data for a project that is underway.

Month

1

2

3

4

5

6

7

8

9

10

11

12

Planned

30

35

42

46

40

52

45

48

50

40

30

15

Actual

10

25

47

55

52

54

50

58

Project Cost Data

Task

Planned start

Planned Duration

Actual start

Actual Duration

A

Beginning Month 1

2 months

Beginning Month 2

2.5 months

B

Beginning Month 2

3 months

Beginning Month 3

4 months

C

Beginning Month 4

3 months

Beginning Month 5

3.5 months

D

Beginning Month 6

5 months

Beginning Month 7

2 months so far

E

Beginning Month 8

4 months

Not yet begun

F

Beginning Month 10

3 months

Not yet begun

Project Schedule Data

  1. Using the cost data in the cost table above, create a cumulative cost curve comparing actual versus planned costs
  2. Using the schedule data in the schedule table above, create a Gantt chart comparing actual versus planned schedule performance
  3. 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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