Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Download Solution

Related Solution

Discussion 4_1669806...
The video clip illustrates the economies scale, the “cost advantages reaped by companies when production becomes efficient” (Kenton, 2021). When Michael decided to branch off and start his own company...

Discussion 4
Discussion 4

The video clip illustrates the economies scale, th

Module 5 Journal_165...
1. Some of the challenges I faced in my adolescent years were being sexually active and a young mother. I was pressured into having sex because all my friends were sexually busy. At the time, I was th...

Module 5 Journal
Module 5 Journal

1. Some of the challenges I faced in my adolescent

Week 6 Discussion 2_...
If the state in which you live in does not have a law that determines how long student records must be kept, schools may destroy some or all of a student’s educational record at any time, except where...

Week 6 Discussion 2
Week 6 Discussion 2

If the state in which you live in does not have a

Project Management in Aviation Operations_Assignment (1)

Project Management in Aviation Operations_Assignment (1)

Q 1. List and describe items that should be included when estimating activity costs.2. Define the following: TBC, CBC, CAC, CEV, CPI, CV, and FCAC. How is each calculated?3. (b) Below is a table of actual costs. What is the cumulative actual cost at the end of week 6? Determine whether there is a cost overrun or underrun. What is causing it?3. (c) Below is a table of the cumulative percentages of work completed by the end of week 6. What is the cumulative earned value of the project at the end of week 6? Is it good?3. (d) What is the CPI at the end of week 6? What is the CV?3. (e) Calculate the FCAC using the first two methods described.

View Related Questions

Solution Preview

View Complete Solution
The items that are required to be involved when costs of the activity are estimated are mentioned below: • Costs of labor: These are the costs estimated for various classifications or types of people expected for the project work. The costs of labor are centered on the time of work estimated that might not be similar to the estimated activity duration and the dollar rate of labor for each classification or person.