SOLUTION AT My Australian Academy

Module 5- Critical Thinking

answer the following questions:

· You are the project manager of a project to upgrade the generators at cell phone towers.

· Your project is scheduled to last for 12 months.

· It is the beginning of month 4.

· Your crews are to upgrade 8 cell phone towers per month for 12 months.

· Each generator is planned to cost $40,000 which includes equipment, labor, and fueling costs.

· You have upgraded 30 cell phone towers and your CPI is 0.96.

How is the project performing?

a. Over budget and ahead of schedule

b. Under budget and ahead of schedule

c. Over budget and behind schedule

d. Under budget and behind schedule

What is your reasoning? ____________________________________________

Right now, what is the actual cost of the project?

a. $1,800,000

b. $975,000

c. $1,250,000

d. $2,225,000

What is your reasoning? ____________________________________________

Assuming that the cost variance is constant, how much more money will it take to complete the project?

a. $2,500,000

b. $2,750,000

c. $2,800,000

d. $3,000,000

What is your reasoning? ____________________________________________

What is the project’s estimated cost at completion if the variance experienced to this point stopped?

a. $2,800,000

b. $2,875,000

c. $3,890,000

d. $3,750,000

What is your reasoning? ____________________________________________

Using the project’s budget at completion, what is the project’s TCPI?

a. .5

b. 1

c. 1.5

d. 1.02

What is your reasoning? ____________________________________________

When you give an update to senior management today, what percentage of the project will you report complete?

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