Liberty BUSI 313 Red Zuma Project 2 Part 3 & Part 4 Answers Complete Solutions
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Red Zuma Project Part 2 (3-4)
Red Zuma Project part 3
How much will the project cost? What is the most expensive activity?
What does the cash flow statement tell you about how costs are distributed over the life span of the project?
Part 4A
Today’s date is July 8, 2015, the milestone date for the completion of the Prototype. You are charged with preparing a status report for top management. Submit a professional status report to Robin Lane that addresses the following questions:
STATUS
How is the project progressing in terms of cost and schedule?
What activities have gone well? What activities have not gone well?
How much of the project has been accomplished (PCIB)?
What is the forecasted cost at completion (EACf)?
What is the estimated completion date?
How is the project doing in terms of priorities (see Part 1)?
Report and interpret relevant Earned Value metrics in your report.
Include a Tracking Gantt chart as well as an Earned Value Table with your memo.
Part 4B
What is the impact of the revised estimates for Finalized Product Design and Install Production Equipment on the project schedule and cost?
Would you recommend authorizing the expenditure of $50,000? Explain.
What, if any other recommendations, would you make so that the project can achieve Robin’s deadline? Justify your recommendations.
