You are given the following information for a one-year project: Planned Value (PV) - $23,000, Earned Value (EV) - $20,000, Actual Cost (AC) = $20,000, and Budget at Completion (BAC) = $120,000. Answer each of the questions below to complete your assignment. Use the same numbers as the assignment when you give your answer, I only grade answers that correspond the assignment questions. 1. For this one-year project calculate: a. cost variance, b. schedule variance, C. cost performance index (CPI), and d. schedule performance index (SPI). 2. Explain your assessment on how the project is doing: Is it ahead or behind schedule? Is it under or over budget? Use calculated variances and indexes to support your argument. [50- 100-word response.] 3. Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project performing better or worse than planned? Why? (50-100-word response.) 4. Estimate how long it will take to finish this project using SPI. 5. Sketch (free-hand sketch acceptable) a graph to show the relationship between PV, AC, and EV. Interpret the sketch explaining on-budget (cost) and on-time (schedule) progress of the project. [75-150-word response.)