Based on the case study: "That Which is not Earned is never valued"; By Sabin Srivannaboon"

1. Analyze the program history and calculate the program schedule performance index (SPI) and the program cost performance index (CPI) at different major points in time of the program lifecycle?

2. What could have been done when the cost and time overruns were detected?

3. What would be the major challenges in implementing the earned value concept? How can such challenges be overcome?

4. Why does the SPI become less significant as the program neared completion?

Brief Introduction and With references please