Given the Following Data for Work Packages in a PERT/Cost

question 55

Essay

Given the following data for work packages in a PERT/Cost network at week 18:
$\begin{array}{cccccc}\text { Activity } & \begin{array}{c}\text { Immediate } \\\text { Predecessors }\end{array} & \begin{array}{c}\text { Budgeted } \\\text { Time } \\\text { (weeks) }\end{array} & \begin{array}{c}\text { Budgeted } \\\text { Value }\end{array} & \begin{array}{c}\text { Percent } \\\text { Complete }\end{array} & \begin{array}{c}\text { Expense To } \\\text { Date }\end{array} \\\text { A } & -- & 12 & \$ 50,000 & 1008 & \$ 48,000 \\\text { B } & -- & 8 & \$ 20,000 & 1008 & \$ 21,000 \\\text { C } & \text { A } & 6 & \$ 60,000 & 758 & \$ 40,000 \\\text { D } & \text { B } & 16 & \$ 40,000 & 508 & \$ 25,000 \\\text { E } & \text { C, D } & 16 & \$ 45,000 & 08 & 0 \\\text { F } & \text { B } & 28 & \$ 80,000 & 758 & \$ 55,000\end{array}$
A.Is the project currently experiencing a cost overrun?
B.Is the project on target to be completed within 40 weeks?
C.What corrective action, if any, could you recommend?

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Definitions:

Whig Party

A political party in the United States (1834–1856) that opposed the policies of President Andrew Jackson and the Democrats.

Democratic Party

One of the two major contemporary political parties in the United States, historically associated with progressive policies and social liberalism.

Monroe Doctrine

A principle of US foreign policy, articulated by President James Monroe in 1823, which opposed European colonialism in the Americas and declared any intervention in the Western Hemisphere as a threat to US security.