Table 3 shows the project costs (in thousand dollars) and other details for the project.

Required:

1. Given the current status of the project, calculate the earned value of the project.
2. Calculate the schedule performance index (SPI) of the project and explain what it tells about the current status of the project.
3. Calculate the cost performance index (CPI) of the project and explain what it tells about the current status of the project.
4. Calculate the estimated time to completion and explain what it tells about the current status of the project.
5. Calculate the estimated cost to completion and explain what it tells about the current status of the project.