The following eight activities constitute an overall bar chart portrayal of a 8-month long employee satisfaction survey project. Five months after the start of project, activities A, C, 80% of D, one third of B and half of E were completed, for a cost of $16,000. Evaluate the status of the project. Using earned value concepts, determine the schedule variance and the cost variance, CPI, SPI, the percentage completion, and EAC. State if the project is over or under budget and if it is ahead of or behind schedule. Show detail calculations of all earn value cost parameters Activity Cost Month 1 2 3 4 5 6 7 A. Draft Survey B.Review survey C. Finalize Survey D. Interview Employees E.Compile Survey $3,000 $2,000 $1,000 $12,000 $3,000 Results F. Prepare Written Report G. Final Meeting $3,000 $2,500 Preparation H. Results Meeting $1,000 The following eight activities constitute an overall bar chart portrayal of a 8-month long employee satisfaction survey project. Five months after the start of project, activities A, C, 80% of D, one third of B and half of E were completed, for a cost of $16,000. Evaluate the status of the project. Using earned value concepts, determine the schedule variance and the cost variance, CPI, SPI, the percentage completion, and EAC. State if the project is over or under budget and if it is ahead of or behind schedule. Show detail calculations of all earn value cost parameters Activity Cost Month 1 2 3 4 5 6 7 A. Draft Survey B.Review survey C. Finalize Survey D. Interview Employees E.Compile Survey $3,000 $2,000 $1,000 $12,000 $3,000 Results F. Prepare Written Report G. Final Meeting $3,000 $2,500 Preparation H. Results Meeting $1,000