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You are the Program Manager managing the construction of a new airport. Five project managers are directly reporting to you. Each project manager is assigned

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You are the Program Manager managing the construction of a new airport. Five project managers are directly reporting to you. Each project manager is assigned a part of the total scope of works to be executed independently. The total duration allowed to complete all works is 24 months and the total approved budget is $10,000,000. At the end of the first year, you should have completed $6,000,000 worth of work but the project is only 50% complete. Actual costs reported by each project manager for the first year are: Project manager 1: $200,000 Le project manager 2: $1,200,000 Project manager 3: $1,800,000 Project manager 4: $500,000 Project manager 5: $900,000 Determine the current values for the entire program for each of the terms below: Term Value Budget At Completion Planned Value Earned Value Actual Cost Cost Variance Schedule Variance Cost Performance Index Schedule Performance Index Estimate At Completion Estimate To Complete Variance At Completion

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