1. A project was budgeted at R2, 000,000. The project is meanwhile being executed, and the following current figures have been assessed: PV: R 1 000, 000 EV: R 700, 000 AC: R 1 100 000.The planned project duration is 12 months.

Required: Calculate the following:

1. Cost Variance
2. Schedule Variance
3. Cost Performance Index
4. Schedule Performance Index
5. Estimate at completion (EAC) assuming that the cost variance was caused by one-time cost drivers, which are no more effective.
6. Estimate at completion (EAC) if the cost drivers were not resolved and are still expected to influence the future.
7. Estimate to Complete (ETC) assuming the one-time cost drivers were resolved.
8. Determine the project status in terms of schedule and budget
9. Revised project duration