Subject: Earned Value Management System - Project Status Control Instruction: This exercise has three questions in two pages. Answer each question and be prepared to discuss your answer with your teammates and with the other members of the class. Return your answer to the Instructor. Last Name ----- First Name ----- Figure below shows project schedule, estimated budget for each activity (in $1,000), percent of work completed (% Complete) by the end of week six, and actual costs (AC) associated with each activity. % PV % Complete EV AC Budget Scheduled by Week Six A 220 100 100 240 B 190 100 100 180 C 250 150 D90 100 110 E 350 190 F 400 380 G 250 H 140 I 240 0 1 2 3 4 5 7 8 9 10 11 2,130 1,250 Q1. How would you describe the state of this project in terms of cost and schedule? Q2. Calculate the total value of work remaining at the end of week 6. Subject: Earned Value Management System - Project Status Control Instruction: This exercise has three questions in two pages. Answer each question and be prepared to discuss your answer with your teammates and with the other members of the class. Return your answer to the Instructor. Last Name ----- First Name ----- Figure below shows project schedule, estimated budget for each activity (in $1,000), percent of work completed (% Complete) by the end of week six, and actual costs (AC) associated with each activity. % PV % Complete EV AC Budget Scheduled by Week Six A 220 100 100 240 B 190 100 100 180 C 250 150 D90 100 110 E 350 190 F 400 380 G 250 H 140 I 240 0 1 2 3 4 5 7 8 9 10 11 2,130 1,250 Q1. How would you describe the state of this project in terms of cost and schedule? Q2. Calculate the total value of work remaining at the end of week 6