April 2000
PM217 : PROJECT MANAGEMENT

QUESTION 2

Total Marks: 15 Marks

• Question 1
• Question 3
• Question 4
• Question 5
• Cover Page

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SUGGESTED SOLUTIONS
for Question 2

(a)Considering the S-curves (showing cumulative cost)and the Gantt charts below,say as
much as you can about the status of Project A ,Project B ,and Project C .[9marks ]

(b)Why is it important to examine cost and schedule variances
concurrently?[2 marks ]

(c)Explain what is meant by a positive cost variance in
(i)the graphical approach used above;[2 marks ]
(ii)the earned value approach to measurement.[2 marks ]