See picture below after questions for all the number and exhibit

1. What are the implications to project time and cost performance based on these values above? Should Jena be more or equally concerned about cost vs. schedule performance, and why?

2. How did Singh arrive at a revised estimate of INR 48,570M in 2007? Based on that, what should be the revised estimated time to complete the project?

3. Which methods could have been used to estimate the contingency reserve and management reserve provided in the case study? Why are these reserves important and how will they be used? What is the calculated cost budget and cost baseline, and how should they be applied?

ISB265 Exhibit 4 Cost Details from 2002 to 2007 (In INR million) Actual Cost of Work Budgeted Cost of Work Time Budgeted Cost of Work Scheduled Performed Performed Q2 2002 100.00 170.00 100.00 Q3 2002 100.00 170.00 170.00 Q4 2002 100.00 170.00 100.00 Q1 2003 150.00 197.90 144.00 Q2 2003 150.00 197.90 144.00 Q3 2003 150.00 197.90 144.00 Q4 2003 150.00 197.90 144.00 Q1 2004 150.00 346.10 147.00 Q2 2004 150.00 346.10 138.00 Q3 2004 150.00 346.10 150.00 Q4 2004 150.00 346.10 147.00 Q1 2005 267.20 404.30 259.18 Q2 2005 267.20 404.30 259.18 Q3 2005 267.20 404.30 245.82 Q4 2005 267.20 404.30 261.86 Q1 2006 575.00 611.40 563.50 Q2 2006 575.00 611.40 529.00 Q3 2006 575.00 611.40 557.75 Q4 2006 575.00 611.40 552.00 Q1 2007 623.00 628.20 573.16 Q2 2007 623.00 628.20 610.54 Q3 2007 623.00 628.20 610.54Question 1 - What is the Earned Value of the project at the end [Q3 - 2007]? (Currency for all questions: In Indian Rupee - INR million)? [10 points] 610.54 557.75 144.00 552.00 None of the above Question 2. What is the Planned Value of the project at the end [Q3 - 2007]? [10 points] 267.20 O 623.00 575.00 600.00 None of the above What is the Actual Cost of the project at the end [Q3 - 2007]? [10 points] 170.00 346.10 O 628.2 611.4 O None of the above What is the value of CPI at Q3 2002, Q2 2004 and Q3 2007 respectively [10 points] O 0.5, 0.4, 0.6 0.6, 0.5, 0.7 0.6, 0.5, 0.8 0.5, 0.6, 0.9 None of the above What is the value of SPI at Q3 2002, Q2 2004 and Q3 2007 respectively [10 points] O 0.7, 0.4, 0.7 O 0.7, 0.5, 0.7 0.8, 0.6, 0.7 0.9, 0.7, 0.7 None of the above What are the implications to project time and cost performance based on these values above? Should Jena be more or equally concerned about cost vs. schedule performance, and why? [30 points] In your opinion, how did Singh arrive at a revised estimate of INR 48,570M in 2007? Based on that, what should be the revised estimated time to complete the project? [30 points] Based on Q2-2007, what are the values of Budget at Completion (BAC), Estimate at Completion (EAC) and Estimated Time to Completion (ETC), respectively? [10 points] O 31,000, 41,776.4, 16.6 29,000, 32,000, 21.2 33,000, 41,884.6, 18.7 32,000, 42,884.6, 18.7 None of the above Which methods could have been used to estimate the contingency reserve and management reserve provided in the case study? Why are these reserves important and how will they be used? What is the calculated cost budget and cost baseline, and how should they be applied? [30 points]