Activity 2: Earned Value Indicators Your team has responded to Wendy and David's request to attempt to implement Earned Value Management. You examined the schedule for the past four weeks and arrived at the following Earned Value Indicators: Week 1 Week 2 Week 3 Week 4 CPI 1.2 .9 .8 .75 SPI .8 .9 .85 .65 Using this data. answer the following questions: 0 What do the Earned Value gures suggest about the status of the project as it has trended over the last four weeks? 0 Given these Earned Value gures. what action would you direct the team to focus on to bring the schedule and budget back on track? Why? 0 Given these Earned Value gures. prepare rough projections about the project's nal schedule and budget. Feel free to incorporate project countermeasures in your estimatebut document your assumptions