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A project is set to be completed in 10 months with an estimated cost of $500,000. The project has been running for 5 months now,

A project is set to be completed in 10 months with an estimated cost of $500,000. The project has been running for 5 months now, the team has spent $220,000 and completed an amount of work worth S255,000. What is the status of the project in terms of schedule, ahead or behind schedule? Explain.

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