Question 4a) Create the project PDM diagram in the grid provided below. Activity In the cells below, use dark blue to indicate the Precedence Diagramming Method schedule and red to illustrate the percent completed. A B C D m F G Week 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Complete this table Cost Implications Schedule Implications Activity AC EV PV CPI CV SPI SV (ACWP) (BCWP) (BCWS) A B C The CPI, CV, SP.! and SV are not required for the individual Activities. Only calculate these values for E the totals. G TotalQuestion 4b) Cost Implications Schedule Implications Estimate at Completion (EAC) Variance at Completion (VAC) What recommendations for managing this situation would you provide to the Project Sponsor? A. As the Project Manager for the Edustream project, it is now time to prepare an update for the weekly planning meeting (Week 8) which is due in about an hour. Unfortunately, your Microsoft Project is offline, so you will have to conduct the Eaimed Value Management (EVM) analysis for this part of the project manually. Use the information here to assess the current situation and then answer the questions on the answer shoot Cost $ Budget Per Call [BC) Wookj $13 500 17.400 $14 800 $7 600 $15 200 48 000 $32 000 $9 500 $104 500 $5.200 931 200 $4.800 828 800 BAG $240 000 % Complain Incurred Coat A $1 1, 100 B $10,500 50%% $10, 120 $12,750 70%% $81,300 $18,000 30% $10, 100 b. From the information developed through the EVM calculations in Part a) of Question 4, please arrawer the following questions. These should be answered in the table calls provided. What are the implications in relation to coat jog, are we over budget, under, budget, etc )7 Explain this in forms of the CPI & CV results and explain any inuances that are applicable to this What are the implications in relation to schedule fe.g, are we ahead of schedule or behind schedule/7 Explain this in terms of the BPI & BV and explain any nuances that are applicable to this ICT201 IT Project Management What is your Estimate at Completion (EACT? Explain what the EAC demonstrates and outline any nuances that are applicable to this case. What is the Variance at Completion (VAC)? Explain what the VAC demonstrates and outline any nuances that are applicable to this case. What recommendations for managing this situation would you provide to the Project Sponsor? Think about this realistically and consider your arrower in terms of the contractors doing the work (Stream Tech is doing Activities A, B and G and DemBet is weaponsible for Activities C, D. E and F)