The following bar chart shows the activities to complete a project in 6 months (each column represents 1 month). The total project cost is $1,480. After 3 months, Activities A, B, C, E, and half of F are completed, for a cost of $490. What is the status of the project in terms of the budget (over or under) and the schedule (ahead or behind)? (Give each answer in terms of a percent variance.

Q: The network of a small construction project awarded to a contractor is shown in the following…

A:

Q: Qf#4 Cost estimation plays a vital role in the success of any project. Explain the different tools…

A: Cost estimation is predicted amount of the money that is to be spend on the project. It's evaluation…

Q: After a six months of work on the projects site, your company collected the following information…

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Q: From the following table, develop network diagram, determine the critical path, and Calculate the…

A: Given: The following table is, Activity Predecessor Duration A -- 6 B A 4…

Q: From the following table, develop network diagram, determine the critical path, and Calculate the…

A: Given:- The activity and duration of the activity is given  To determine:- The critical path  The…

Q: 4. Calculate ES, EF, LS, LF, TF, FF for each activity, determine the project duration and critical…

A: Done using  Forward and Backward pass method

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Q: Consider Table below summarizing the details of a project Activity predecessor To A B E F G K M A…

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Q: Question 4 Microsoft Project allows a maximum of 100,000 activities codes True False Question 5…

A: Ms project is used to analyse and simulate the project activities  . We can add upto 400,000…

Q: While performing variance analysis for your project, you refer to your which show the following…

A: From earned value theory :iCost performance indexCPI=EVACCPI=100,00090,000=1.1Under…

Q: a) Draw the cash flow diagram for a project if the contractor expenditures in the beginning of the…

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A: Hi! Thank you for the question, As per the honour code, we are allowed to answer three sub-parts at…

Q: Fixed Expenses do not change in total when there is a modest change in sales. (True or False)

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Q: Determine the probability that the project will take longer than 50 weeks

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Q: Give the data of a project as follows: Task Predecessors Duration Manpowers /week Draw the…

A: PERT is a strategy utilized for ventures where the time required or expected to finish various…

Q: The network of a small construction project awarded to a contractor is shown in the following…

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Q: er the start date), what are the va

A: Calculate the ACWP, BCWP and BCWS as below Calculate the value of Actual cost work performed…

Q: The following eight activities constitute an overall bar chart portrayal of a 4-month project. After…

A: ACWP=$8000BCWP=2000+1000+2000+70002=$8500BCWS=2000+1000+50%of 6000+50%of 2000  +25%of 7000=%8750

Q: Q3: The activities involved in the construction of a certain project are given in the table below.…

A:

Q: The target network for a project has a duration of 12 months at a budget of $120,000. The following…

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Q: QI/A/ answer a or b a) What project needs to be successful? b) What are the reasons of project fail?

A: (a) Factors that are very important to the success of any project are as follows. Clear Goal of…

Q: Q/A construction project has the proportion of high-risk, then suppose that the optimistic ,…

A: Firstly we will draw the network diagram using the given data

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Q: A 10 million project was awarded to an engineer. His target profit was 15% of the awarded project.…

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Q: Q4/ The table below shows the duration and direct costs for the activities of a construction…

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Q: Q: When estimating the costs of a project, the costs that are not associated with specific work…

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Q: Q: For the activities shown below, use A.O.A method to find: The time duration of project…

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Q: A project with the following activities is given. The direct cost of the project is "C" and the…

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Q: The activity-on-arrow network of activities for a construction project is shown in the figure. The…

A: Given AON diagram, TO find the critical duration for the project

Q: Q3: The construction plan for a house is shown in figure and table below, gives the manhoures…

A:

Q: 10. Given the diagrams in Figure P5.1 of progress on individual work pack- ages of a project, answer…

A: Given Data : BCWS = budget cost of work scheduled (planned value) ACWP = Actual Cost of Work…

Q: Q3/The figure below shows the arrow diagram of the major events (A, B, C, D, E, F, G) of project,…

A: Events Optimistic time Most likely time Pessimistic time Expected time Standard deviation A 3 5 15…

Q: Q1) For the project data shown in table below. Find the probability of completing the project in 34…

A: The Expected Time For Each Activitry is Given as : TE=O+4M+P6.Standard Daviation =P-O6

Q: The earned value report of a construction project shows that the cost performance index is 1.1. In…

A: we have relations:CV=BCWP-ACWPSV=BCWP-BCWSCPI=BCWPACWP

Q: The cash flows and initial investment for two different projects are given below Calculate the…

A: Given data,

Q: | 3 | 2 D F G | 5 в K A H E J ES Dur EF Activity Name LS TF LF

A: Critical Path - Critical Path is the longest path time in a project. It also gives project duration.…

Q: The total estimated cost required to perform a project, is known as a. Budget b. Fund c. Cash flow…

A: Solution: The correct option to above given question is  Option d All of the above.

Q: the below-Earmed Value chart, what is the status of the project schedule and cost at the time of the…

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Q: PERT calculations indicate that duration of a given project is 72 weeks. With the variance of 15,…

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Q: For the following project, draw the bar chart then find the total project duration: Duration…

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Q: Consider a small project that involves the following activities. Completion Times (days) Preceding…

A: 1.) The expression for the mean value is given as mean value=to+4tm+tp6 The expression for variance…

Q: HW 5: By using Microsoft Excel construct the Gantt chart for the project with the activities…

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Q: According to a construction company plan, a project must be implemented in three consecutive stages…

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Cost control

Cost control or management in property or project management is the process by which managers maintain costs under human resource management, assets, and capital expenditure to ensure that the project ends on a budget basis. Cost management depends on reasonable estimates and ongoing monitoring during the project. As a result, good cost control is essential for any construction business that wants to succeed.