A graphic artist agreed to create 100 new icons in 100 days at a cost of 50 QR an icon. After 25 days, the graphic artist had completed 22 icon at a total cost of 1,140 QR. BAC: Budget at Completion PV: Planned Value AC: Actual Cost EV: Earned Value SV: Scheduled Variance SPI: Schedule Performance Index round to 2 decimal places CPI: Cost Performance Index round to 2 decimal places EAC(BAC/CPI) Is this project under budget? Answer yes or no. Is this project on schedule? Answer yes or no. An electrician is required to install lighting fixtures in a 200 room hotel. He has to install 5 lighting fixtures in each room. The approved budget for the work is 500,000 QR and the approved schedule is 14 weeks. After 8 weeks, the electrician has completed 110 rooms and spend 250,000 QR. BAC: Budget at Completion PV: Planned Value AC: Actual Cost EV: Earned Value SV: Scheduled Variance The project is to excavate 750,000 cubic meters of dirt. According to the management plan you need to excavate 60,000 cubic meters of direct per week at a cost of 5 QR/Cubic Meter. After 9 weeks, 600,000 cubic meters of dirt has been excavated at total cost of 3,000,000 QR. BAC: Budget at Completion PV: Planned Value AC: Actual Cost EV: Earned Value SV: Scheduled Variance SPI: Schedule Performance Index round to 2 decimal places CPI: Cost Performance Index round to 2 decimal places EAC(BAC/CPI) Is this project under budget? Answer yes or no. Is this project on schedule? Answer yes or no. You are managing the construction of a new airport. The project is scheduled to be completed in 2 years with an approved budget of 30,000,000QR. At the end of the first year, the value of the work completed is 18,000,000 QR. The actual costs are 14,400,000. BAC: Budget at Completion PV: Planned Value AC: Actual Cost EV: Earned Value SV: Scheduled Variance SPI: Schedule Performance Index round to 2 decimal places CPI: Cost Performance Index round to 2 decimal places EAC(BAC/CPI) Is this project under budget? Answer yes or no. Is this project on schedule? Answer yes or no