You and your partner are assigned to the Juice Bar project for the next 6 months. Dr. K your sponsor has asked you how the project is performing. Given the following cost data

Planned value =$12,000, Earned Value $10,000, Actual Cost $10,000, and Budget at completion $12,000. Determine the following: 1. How is the project doing ? Is it ahead or behind schedule?

2. Is it under or over budget 3. How much would it cost at the time of completion? Would it bewithin the stated budget.