I. You are the project manager for a clinical trial with a budget of $2.4M USD and 12 month schedule with an expected burn rate of $200k each month. After 2 months, you have incurred $IM in costs; 2 months later; project costs have risen to $1.2M You are now at 7 months of the anticipated 12 month duration, and 50% complete with $ 1.5M in costs expended. Your leadership has advised that the project must be delivered more efficiently due to constraints elsewhere in the portfolio your revised target is now 90% of the original budget. Using Earned Value Management, chart the progress of your study. In presenting your project to senior management, would you be sharing a positive message? What is the BAC (Budget at Completion) for your project? What is the current EAC (Estimate at Completion)? If you wanted to finish the project as per the original budget, what would be the T CPI (To Complete Performance Index)