The following data were obtained from an information systems
3.(TCO F) The following data were obtained from an information systems project to upgrade and expand a local area network.
Activity Duration Predecessors Task Budget
A 3 days — $4,920
B 6 days — $7,680
C 3 days A $15,140
D 2 days B $3,980
E 3 days B $5,630
F 2 days C and D $2,270
At the end of Day 7, the status of the project is as follows. Activity % Complete Actual Cost
A 100% $4,200
B 100% $8,740
C 100% $18,250
D 65% $2,600
E 10% $560
F 0% $0
(a) Calculate the cost and schedule variances and indexes for Tasks A, B, C, D, and E.
(b) As project manager, write a brief summary of the status of the project at this time. (Points : 20)