Business
Business, 14.10.2020 01:01, dbanks701

A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be running very low. A major milestone has been reached where the first two activities have been totally completed and the third activity is 65% complete. The planners were expecting to be only54% through the third activity at this time. The first activity involves prepping the site for the bridge. It was expected that this would cost $1,440,000 and it was done for only $1,320,000. The second activity was the pouring of concrete for the bridge. This was expected to cost $10,520,000 but was actually done for $9,020,000. The third and final activity is the actual construction of the bridge superstructure. This was expected to cost a total of $8,520,000. To date, they have spent $5,020,000 on the superstructure. Calculate the schedule variance, schedule performance index, and cost index for the project to date. How is the poject going?

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