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You are assigned to manage the following project. A key milestone report is due at the end of week 6 in which you need to

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You are assigned to manage the following project. A key milestone report is due at the end of week 6 in which you need to present project status to the stakeholders. To prepare the status report, you would like to conduct an earned value analysis of the project. In this regard, prepare response to following questions: At the end of week 6, activities A, B and C are finished with work currently in progress on activities D and E. Q1: Construct a weekly timeline of the project schedule. 10pts Q2: What is the actual cost (AC) of work performed in the project at the end of week 6 ? 10 pts Q3: At the end of week 6, you asked Doug and Ester about the current status of their activities. They both responded that their activities are 20% finished. What is the earned value (EV) of the proiect at this time? 10pts Q4: To compare current progress on the project, what was the planned value (PV) of the project at the end of week 6? 10pts Q5: Compute cost variance (CV) and schedule variance (SV) at the end of week 6. 20pts Q6: Using schedule performance index (SPI) and cost performance index (CPI), is the project ahead or behind budget/schedule? 20pts Q7: At the start of the project, you had negotiated a generous budget reserve of 20%. Would you need additional funds to complete the project? 20pts

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