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Q2) Your project has a budget of JD 130,000 and is expected to last ten months, with the work and budget spread evenly across all

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Q2) Your project has a budget of JD 130,000 and is expected to last ten months, with the work and budget spread evenly across all months. The project has now just finished three months, the work is on schedule, but you have spent JD65,000 of the project budget. (6 Marks - CLO3) - Identify the values of PV, EV, and AC. Determine the cost and schedule variances. - Is the project now bellow budget, on budget or over budget and why

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