A project has the following financial data:

• Budgeted Costs: $400,000
• Actual Costs: $450,000
• Planned Value (PV): $380,000
• Earned Value (EV): $390,000

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. Discuss what the CV, SV, CPI, and SPI indicate about the project's performance.