Electroscan has been working diligently to build a 29 In-Store Scanner, however, we are slightly behind schedule and our overall costs required to complete the project are not within the estimated range. The Planned Value (PV) of the project is $430,000, which is the authorized budget for the work to be completed as of today's date. Total Budget at Completion (BAC) is estimated to be $925,000. Target completion is 46.4 percent as of today as determined by 430,000/925,000. Against this target, the company has achieved (405,000 / 925,000) = 43.7 percent completion as our Earned Value (EV) remains at $405,000. As of today, the project is running behind schedule as represented by the Scheduled Variance (SV) figure which is determined by the difference between the EV and PV. The SV is reflecting a negative number; -71,000 (405,000-476,000). This project is currently only ahead of schedule on the hardware, after a thorough analysis of this shortfall in schedule achievement, we conclude that in spite of moving ahead of schedule for milestones such as Drivers, Utilities, and System Integration where the EV is more than the PV, our project lags behind in the milestones of overall Operating System and Code Software where EV is less than the PV. Digging a little deeper, we find that each component other than Hardware is behind schedule by at least fifteen days. The project will not be obtainable for completion under the current costs estimated. The Actual Cost (AC) of the Projec