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 1 answer below »

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 begin month 1 2 months begin month 2 2.5 months B begin month 2 3 months begin month 3 4 months C begin month 4 3 months begin month 5 3.5 months D begin month 6 5 months begin month 7 2 months so far E begin month 8 4 months not yet begun F begin 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 (Note: with the cumulative cost curve A????1 also called the S-curve A????1 you must cumulate the cost data.

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? Note, by looking at the schedule and cost day simultaneously, you are engaging in integrated cost/schedule control.