Question # 5 The following table shows the activities to complete a project in six months. The total project cost is $24,700. The actual cost in the table represents the actual cost of works performed until the end of the fourth month. The quantity performed in the table represents the actual quantity of works performed until the end of the fourth month. The planned % completion in the table represents the percentage of works to be performed based in the initial plan of the project. Budget Actual Budget Quantity Planned % Completion 100 100 100 100 50 ActivityB Cost 6000 6500 CostQuantity 5500 6250 200 650 Performed 200 625 C4501000100100 750 2000 4000 5000 1500 360 75 400 80 100 75 120 0 a- What is the project's schedule variance (SV)? b- What is the project's cost variance (CV)? C What is the status of the project in terms of budget (over or under) d- Assuming that current performance on the project will continue till the e- Assuming that current performance on the project will continue till the and the schedule (ahead or behind)? end, what is the forecast of the cost at the completion of the project? end, what is the forecast of the total duration at the completion of the project