On June 1 2 , 2 0 0 2 , Alpha Corporation was awarded a $ 1 6 0 , 0 0 0 contract for testing a product. The contract consisted of $ 1 4 3 , 0 0 0 for labor and materials, and the remaining $ 1 7 , 0 0 0 was profit. The contract had a scheduled start date of July 3 . The network logic, as defined by the project manager by the customer resulted in the following project planning budget:

On June 12, 2002, Alpha Corporation was awarded a $160,000 contract for testing a product. The contract consisted of $143,000 for labor and materials, and the remaining $17,000 was profit. The contract had a scheduled start date of July 3. The network logic, as defined by the project manager by the customer resulted in the following project planning budget:

On August 27, 2002, the executive steering committee received the following report indicating the status of the project at the end of the eighth week:

The steering committee could not identify the real status of the project from the brief report. Even after comparing this brief status report with the project planning budget above, the real status was not clear.

Management instructed the project manager to prepare a better status report that depicted the true status of the project at the end of week eight. Your assignment is to prepare a table using the template available in the Blackboard assignment folder labelled “Alpha Project Status Report.” Submit the completed Excel spreadsheet along with the rest of your assignment. (16pts)