The following table shows a Project Budget Baseline. At the end of week 20 this project has cost $41,000. It has an earned value as indicated in the table as a % complete for each activity at the end of week 20. Use the data to answer the following questions about the status of the project at the end of week 20.

a. Find the cost and schedule variances.

b. Find CPI and SPI of the project using earned value calculations.

c. Assuming performance continues at the current rate, calculate the ETC, EAC, and VAC for the project.

Activity Duration % Complete 5 10 15 20 25 Conceptual Design $5,000 $3,000 100% Graphics Design $6,000 $3,000 $2,000 100% Copyright $2,000 $3,000_$3,000_85% Samples $1,000 $2,000 90% Tooling $2,000 $2,000_ $2,000_50% Production $4,000 $3,000_$7,000 15% Total $5,000 $9,000_$12,000 $12,000 $12,000 Cumulative Total $5,000 $14,000 $26,000 $38,000 $50,000 Activity Duration % Complete 5 10 15 20 25 Conceptual Design $5,000 $3,000 100% Graphics Design $6,000 $3,000 $2,000 100% Copyright $2,000 $3,000_$3,000_85% Samples $1,000 $2,000 90% Tooling $2,000 $2,000_ $2,000_50% Production $4,000 $3,000_$7,000 15% Total $5,000 $9,000_$12,000 $12,000 $12,000 Cumulative Total $5,000 $14,000 $26,000 $38,000 $50,000