Cp-2 Project Performance Report Schedule One Performance Essay

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CP-2 Project Performance Report

Schedule One

Performance Analysis

Estimate at Completion

Control Plan

Revised Estimate at Completion

Schedule Two

During roughly midway into the CP-2 project, it was found that the project was running ten days behind schedule and it was already over budget. This is due to the fact that several tasks went over budget as well as a sluggish schedule performance. At this point the project manager fully utilized the resources at hand to bring the schedule back into order. Despite meeting the schedule requirements, the project did go over budget by a marginal amount. This was a result of using extra labor to crash some of the activities.

Schedule One

The original project schedule predicted that the project would be completed on December 19 of 2008. However, on October 1, 2008 the project manager found that he was ten days behind schedule as well as over budget. The actual schedule at this point predicted that the project would be completed on January 2nd of the following year instead of the intended date.

Task Mode

WBS

Task Name

Duration

Start

Finish

Predecessors

Resource Names

Fixed Cost

Manually Scheduled

1.25

Grand Opening

1 day

Fri 12/19/08

Fri 12/19/08

Customer

$30,000.

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Figure 3 - Original Schedule

Task Mode

WBS

Task Name

Duration

Start

Finish

Predecessors

Resource Names

Fixed Cost

Auto Scheduled

1

Theme Park Project

190 days?

Mon 4/14/08

Fri 1/2/09

$0.00

Figure 2 - Project's Tardiness

Figure 1 - Schedule One Task Analysis

Figure 4 - Network Diagram

Performance Analysis

At the point in the project the earned value was roughly four hundred thousand dollars less than the planned value at this point in the project representing a significant negative schedule variance. The cost variance was also nearly a hundred and fifty thousand dollars in the negative also representing the fact that the project was over budget. At this point in the project it was estimated that the total project budget would be slightly under five million dollars and would have a variance at completion of negative five hundred seventy eight thousand dollars.

Task Name

Planned Value - PV (BCWS)

Earned Value - EV (BCWP)

AC….....

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"Cp-2 Project Performance Report Schedule One Performance" (2012, February 26) Retrieved May 21, 2025, from
https://www.aceyourpaper.com/essays/cp-2-project-performance-report-schedule-78277

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"Cp-2 Project Performance Report Schedule One Performance" 26 February 2012. Web.21 May. 2025. <
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Latest Chicago Format (16th edition)

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"Cp-2 Project Performance Report Schedule One Performance", 26 February 2012, Accessed.21 May. 2025,
https://www.aceyourpaper.com/essays/cp-2-project-performance-report-schedule-78277