In response to the COVlD19 pandemic, HAM Hospital at UM has decided to expand its hospital room capacity by adding 144 new patient care rooms to the main building. Rooms are approximately 320 square feet in size and are expected to cost S400lsq ft fully equipped at buildout. During construction, the plan is for 3,840 square feet [space equivalent to 12 rooms] to be completed {on average] each month for 12 months. The estimated cost of the entire project is estimated to be S 18,432,000. You are the UM Construction Project Manager (PM) responsible for managing the design build contractor for the new addition. The table below represents the status of your project at the end of month 7 as reported to you by the contractor; you have verified the report and believe it to be accurate: Sq Ft Sq Ft Cost Month Planned Completed Planned Actual Earned 1 3340 1550 $ 1,535,000 S 643,250 5 620,000 2 3340 3250 $ 1,536,000 5 1,343,750 5 1,300,000 3 3340 3575 5 1,536,000 S 1.525.125 5 1,470,000 4 3340 3175 5 1,536,000 5 1.317.625 5 1,270,000 5 3340 3390 5 1,536,000 5 1,614,350 5 1,556,000 6 3340 3750 5 1,536,000 S 1.556.250 5 1,500,000 7 3340 3345 $ 1,536,000 5 1,333,175 5 1,333,000 8 3340 9 3340 10 3340 11 3340 12 3340 Answer the following and show how you got the answer briefly: HQWPE-UE'J!' What is the cumulative planned value to date? What is the cumulative earned value to date? Calculate the cumulative CPI through the end of the statusing period {end of Month 7) Calculate the cumulative SPI through the same time period. What is the estimated nal cost based on progress through Month 7? What is the estimated total time of completion (in months)? List 2 detailed and specic talking points that you would use in a discussion with your boss, the HAM director of Property, to describe the current progress on this project, and explain any variances. Assume she knows little or nothing about the "language\" of project management, but she is intelligent and wants to know quantitatively where the project stands as well as the causes and effects of any issue based on your analysis