Calculating Estimated Time to Complete for a 14-Week Project:

You are providing a status for a 14-week project, which is scheduled to be 50 percent complete at this time. You have completed 9 of the 16 deliverables in this project and spent $1200 of the total project cost of $1900. What is Estimated time to Complete? To determine the Estimated Time to Complete (ETC) for the project, we can use the following formula: ETC = (Total project cost - Actual cost incurred) / Cost efficiency rate To calculate the Cost efficiency rate, we can use the following formula: Cost efficiency rate = Actual cost incurred / Total value of completed deliverables Using the information provided in the question, we can calculate the Cost efficiency rate as follows: Cost efficiency rate = Actual cost incurred / Total value of completed deliverables = $1200 / ($1900 / 2) = $1200 / $950 = 1.26 Now, we can use the Cost efficiency rate to calculate the Estimated time to Complete (ETC): ETC = (Total project cost - Actual cost incurred) / Cost efficiency rate = ($1900 - $1200) / 1.26 = $700 / 1.26 = $555.56 Therefore, the Estimated Time to Complete (ETC) for the project is approximately $555.56.