QUESTION 5: (10 marks) Consider the following information pertaining to projection 7. Project tasks Duration Budget Requirement gathering 1 month $20,000 Architecture design 1 month $20,000 Circuit design 1 month $30,000 Package design 2 months $60,000 Testing 1 month $20,000 The status of the project at the end of month 5 is as follows. i) Tasks Requirement gathering Architecture design Circuit design Package design Testing Status Completed. Spent $22,000. Completed. Spent $19,500. Completed. Spent $30,500. 75% complete. Spent $48,000 to date. Not started yet. Calculate the following for this project. 1. Cost variance 2. Schedule variance 3. Cost performance index 4. Schedule performance index (7 marks)