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Q 3 . ( 5 MKS ) : Assume we're halfway through a year - long project that has a total budget of $ 1

Q3.(5 MKS): Assume we're halfway through a year-long project that has a total
budget of $100,000. The amount budgeted through this six-month mark is
$55,000. The actual cost through this six-month mark is $45,000.Al
calculation must be shown in the solution.
Calculate the Actual Cost (AC), planned Value(PV),.amed Value
(EV).
Calculate the Schedule Performance Index (SPI) und SPI % Determine
if the project is behind or ahead schedule.
Calculate the Cost Performance Index (CPI) an 1 CPI %.1 etermine if the
Project is over budgeted or under budgeted.
Determine the outcome of the project in terms of cost and schedule.
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