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Software engineering earned value management Given a project that has a total budget of $500K. It is a one-year project, reporting status monthly. It is

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Given a project that has a total budget of $500K. It is a one-year project, reporting status monthly. It is now the end of month 6. For the first six months, $300K was allocated according to the allocation Month 1 $30k Month 2 $35k Month 3 $35k Month 4 $50k Month 5 $70k Month 6 $80k The budget for the remaining six months is $60K, $50K, $35K, $25K, $15K, and $15K, respectively. The actual cost expended in the first six months was $38K, $39K, $42K, $45K, $50K, and $90K, respectively. The value received, in terms of the amount of work planned to be done for each month, was $28K, $32K, $33K, $35K, $45K, and $80K respectively. For each of the six reporting periods, what was the planned value, actual cost, and earned value? What is the schedule variance and cost variance at the end of each reporting period? What is the schedule performance index and cost performance index at the end of each reporting period

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