A construction project has the following financial details:

• Budget at Completion (BAC): $1,500,000
• Actual Cost (AC): $900,000
• Earned Value (EV): $800,000
• Planned Value (PV): $850,000

Questions:

1. Calculate the Cost Variance (CV).
2. Calculate the Schedule Variance (SV).
3. Determine the Cost Performance Index (CPI) and Schedule Performance Index (SPI).
4. Analyze the project’s current financial performance based on these metrics.