1. (4 points total, 70% content, 30% communication quality). You are the project manager on project that started work on February 1st, 2021. It is now March 1st, 2021. Prepare a monthly status report for February 2021, using the project data below. Your status report should include the following: a. Cost variances and schedule variances for each task (activity). b. Summary (project-level) earned value measures, including: cost and schedule variance, cost and schedule variance %, CPI and SPI, EAC, ETC, VAC, TEAC, Percent complete, Percent money spent c. An overall assessment of project performance: i. How well (or how poorly) is the project currently performing? ii. What corrective actions, if any, would you suggest and why? If no corrective actions are currently needed, suggest a monitoring strategy you should use to determine when to act (e.g., at what point should corrective action be taken and how would you know?). PERCENT COMPLETION REPORT Dute Started Completed Time to Complete Activity AB AC AD DE 21 2/14 til 4. Mga tvity can be wed from PROJECT PLANNING BUDGET: WEEKS AFTER GO AHEAD Activity 7 Total 2.000 3.000 2.000 2.000 4,000 2.000 4,000 2.500 4,000 5.000 3,000 AB AC AD BF CE DE EF 2,000 3,000 3.000 3,000 4,000 2.500 3.500 6.000 20.000 7.500 15.000 2.500 10.500 3,000 64.500 3.500 3.500 3,000 6,000 7.000 9.000 8.500 9.500 11,500 10,000 3.000 COST SUMMARY Week Ending Cumulative to Date Budget Cost (Over) Under Budget Cost Actual Actual Activity AB AC AD BF DE 4,000 4.500 2.400 2.800 (500) (2.400) (800) 3.500 6,200 12.500 7,400 4.500 6,000 15.000 7.500 2.000 3.500 34,000 Over) Under (200) 2.500 100 (2.500) 3500 3,400 2,000 3.500 9.500 Total 9,700 (200) 30,600 1. (4 points total, 70% content, 30% communication quality). You are the project manager on project that started work on February 1st, 2021. It is now March 1st, 2021. Prepare a monthly status report for February 2021, using the project data below. Your status report should include the following: a. Cost variances and schedule variances for each task (activity). b. Summary (project-level) earned value measures, including: cost and schedule variance, cost and schedule variance %, CPI and SPI, EAC, ETC, VAC, TEAC, Percent complete, Percent money spent c. An overall assessment of project performance: i. How well (or how poorly) is the project currently performing? ii. What corrective actions, if any, would you suggest and why? If no corrective actions are currently needed, suggest a monitoring strategy you should use to determine when to act (e.g., at what point should corrective action be taken and how would you know?). PERCENT COMPLETION REPORT Dute Started Completed Time to Complete Activity AB AC AD DE 21 2/14 til 4. Mga tvity can be wed from PROJECT PLANNING BUDGET: WEEKS AFTER GO AHEAD Activity 7 Total 2.000 3.000 2.000 2.000 4,000 2.000 4,000 2.500 4,000 5.000 3,000 AB AC AD BF CE DE EF 2,000 3,000 3.000 3,000 4,000 2.500 3.500 6.000 20.000 7.500 15.000 2.500 10.500 3,000 64.500 3.500 3.500 3,000 6,000 7.000 9.000 8.500 9.500 11,500 10,000 3.000 COST SUMMARY Week Ending Cumulative to Date Budget Cost (Over) Under Budget Cost Actual Actual Activity AB AC AD BF DE 4,000 4.500 2.400 2.800 (500) (2.400) (800) 3.500 6,200 12.500 7,400 4.500 6,000 15.000 7.500 2.000 3.500 34,000 Over) Under (200) 2.500 100 (2.500) 3500 3,400 2,000 3.500 9.500 Total 9,700 (200) 30,600