Need help with the below questions.

Interpret the results of the EVA and write a narrative as a project status communication in an MS Word document. The interpretation of the following calculation is required.

1. Variance Analysis
2. Performance Index
3. Project Percentage Analysis

EAC BCWP $13,496.00 $3,176.00 $0.00 EARNED VALUE OVER TIME $7,000.00 The project's earned value based on the status date. If actual cost (ACWP) is higher than earned value (BCWP), $6.000.00 then the project is over budget. If planned value (BCWS) is higher than earned value, then the project is behind $5,000.00 schedule. 54,000.00 53,000.00 Learn more about earned value $2,000.00 $1,000.00 213 ACWP -BCWP BOWS VARIANCE OVER TIME 50.00 12 3 23 23 Cost and schedule variances for the project based on status date. If CV is negative then, the project is over $1,000.00 budget. If SV is positive then the project is behind schedule. -$2,000.00 -$3,000.00 -$4,000.00 $5,000.00 $6,000.00 $7,000.00 - CV SV INDICES OVER TIME 23 23 23 Cost and schedule performance indices for the project base 23 date. The greater the performance index, the more on sched 2E-O saving the project. 4E-07 SE-07 8E-07 -0 000 001 1 25-06 -SPI -CP