Barani Institute of management sciences initiates an IT project Students Portal and assigns its development task to the ESS software house on September 01, 2020. Choose the project planned value of your choice between 250000 and 300000, earned value after 6 month between 200000 and 230000, Actual Cost between 300000 and 330000, Budget at Completion 5000000. It was started on September 01, 2020 and March 20, 2021 was declared as its tentative completion date. Answer the following questions.

1. Compute the Cost variance, Schedule variance, Cost performance Index, Schedule Performance Index and EAC.
2. Project will be under budget or over budget