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QUESTION 3 [20 marks) Your company has been awarded a contract to clean the shoulet and verge of a provicial road stetching 325km. The estimated

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QUESTION 3 [20 marks) Your company has been awarded a contract to clean the shoulet and verge of a provicial road stetching 325km. The estimated cost of the entre project is Ra12 500 . The project has to be delvered within 65 wock days. On day 42, 190km has been comoleted at a lolal esst of R3e0 000. YOU ARE REQU RED TO: A. Detemine the Planned Value on day 42 B. Determine the Eamed Value es day 42 : C. Determine and interpret the Schedile Varance (n Rand) on day 42: D. Detemine and interpret the The Vartance in (in days) on day 42 ; E. Determine and interpret the Cost Varanoe (in Rand) on day 42. F. Discuss in your cen weeds why project ocetrol is important in the organisation for which you work. G. Explain how the eamed value agproach can be used for conbel purpeses in your worklace or personal life PLEASE SHOW ALL CACULATIONS

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