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Interpret the earned value information provided below for a project. Given the likely schedule impact and cost estimation at completion, propose two practical responses the
Interpret the earned value information provided below for a project. Given the likely schedule impact and cost estimation at completion, propose two practical responses the project manager could take and a justification for each. A project has a budget at completion of 120,000 and is planned to be completed in 10 months. The table below shows the project's progress at the end of month 5: Task (Total at month 5), Planned budget (60,000), Actual cost (40,000), Earned value (50,000). CPI = 1.25, SPI = 0.83, EAC = 96k, Planned time/SPI = 12 months
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