Calculate the critical ratio


Calculate the critical ratios for the following activities and indicate which activities are probably on target and which need to be investigated. Comment on each activity. What is your overall interpretation of this result?

Activity Actual Progress Scheduled Progress Budgeted Cost Actual Cost

A 4 days 4 days $ 60 $ 40

B 3 days 2 days $ 50 $ 50

C 2 days 3 days $ 30 $ 20

D 1 day 1 day $ 20 $ 30

E 2 days 4 days $ 25 $ 25

Request for Solution File

Ask an Expert for Answer!!
Operation Management: Calculate the critical ratio
Reference No:- TGS057996

Expected delivery within 24 Hours