A project is scheduled to complete in six months duration. There are two activities in the project. The actual cost of Activity 1 is SAR 300,000 and that of Activity 2 is SAR 200,000. The planned value of these activities is SAR 280,000 and 150,000 respectively. On reviewing, the current project status is Activity 1 is 100% completed and Activity 2 is only 75% completed.

(i) Perform the earned value calculations of the above project scenario and fill the given table.

(ii) What do you infer about the project schedule and cost based on your calculations?

Activity	Month 1
Earned Value
Planned Value
Actual Cost
Cost Variance
Scheduled Variance
Cost performance Index
Schedule performance Index