(c) For a project consisting of 6 activities (A to F), the budgets, the % complete and the actual recorded costs for a specific point in time are as shown in Table Q1.

i) Calculate the Earned Value for each activity

ii) Calculate the overall % of the project complete

iii) Calculate the CPI (or efficiency) of the project

iv) Calculate the estimated final cost.

Table Q1. Activity Budget % complete Actual Cost Earned Value 40 80 10 Total 240