Question

part 1) The Budgeted Cost of the Work Scheduled (BCWS) comes from the cost-loaded schedule and...

part 1)

The Budgeted Cost of the Work Scheduled (BCWS) comes from the cost-loaded schedule and is the budgeted or estimated cost for each of the tasks in the schedule that should have been completed or partially completed as of the date of selected.

Group of answer choices

true

false

part 2

Cost Performance Index (CPI) can be used a tool to project the total estimated project cost at completion. If a project's original estimate (budget) was $2,400,500 and the CPI you just calculated is 1.07, what would be the total estimated project cost at completion?

Group of answer choices

$2,568,535

$2,243,458

$2,400,500

Homework Answers

Answer #1
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The Budgeted Cost of the Work Scheduled (BCWS) comes from the cost-loaded schedule and is the budgeted or estimated cost for each of the tasks in the schedule that should have been completed or partially completed as of the date of selected.
This statement is true.
Part 2 Amount $ Note
Project's original estimate (budget)    2,400,500.00 A
CPI 1.07 B
Total estimated project cost at completion 2,568,535.00 C=A*B
So answer is $ 2,568,535.
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