Assume we're halfway through a year-long project that has a total budget of 300000 AED. The amount budgeted through this six-month mark is 205000 AED and a total of 190000 AED spent. Calculate the following: a) Budget at Completion (BAC) BudgetatCompletion(BAC)=AnswerAED b) Planned Value (PV) Planned Value (PV)= Answer AED c) Actual Cost (AC) Actual Cost (AC)= Answer AED d) Earned Value (EV) EarnedValue(EV)=AnswerAnswer=AnswerAEDPVtodate*Rateofperformance(RP)300000(6/12)or50% e) Cost Variance (CV) CostVariance(CV)=AnswerAnswer=Answer87500AEDEV-AC f) Schedule Variance (SV) ScheduleVariance(SV)=AnswerAnswer=Answer10250AED EV=PV g) Schedule Performance Index (SPI) SchedulePerformanceIndex(SPI)=Answer/Answer205000=Answer0.5EV/PV h) Cost Performance Index (CPI) CostPerformanceindex(CPI)=Answer/Answer190000=Answer0.53EV/AC ) Estimated at Completion (EAC) Estimated at Completion ( EAC )= Answerl /Answer = Answer AED BAC/CPI j) Estimated Time to compete Timetocompete=Answerl12/Answer=AnswerMonthsTotalmonths*SPI The project manager must determine how well his project team has performed. Is he ahead of schedule or behind schedule, and is the project team over or under budget? Answer the following: k) The project is considered behind the schedule, is ahead of schedule, or is as per schedule. Because SV is Answer and Answer , the project is Answer 1) The project is considered over-budgeted, is under-budgeted, or is as budgeted. Because CV is Answer and Answer , the project is Answer Please answer all parts of the