1.) In the diagram below of a hypothetical project, numbers in black are activity duration in weeks and dollar numbers (in red) are activity costs. Assume that each activity spends 40% of its assigned activity cost up front (in the week it starts) and the remainder uniformly (same amount each week for the rest of its duration). What is the cumulative cost through the end of Week 5? Assume that the project is staying on plan.

\fIf the SPI of a project is 0.6, which of the following is most likely to be a true statement, assuming that no corrective actions are initiated in the future? O The project is likely to finish on schedule 0 The project is likely to slip the schedule 0 The project has exactly 60% chance of slipping the schedule 0 The project is likely to finish ahead of schedule