1. With reference to your completed status report, the Cost Variance at the end of week 5 suggests that: Group of answer choices

R1 600 000 ahead of schedule

R1 600 000 under budget

R1 600 000 over budget

2. The Cost Performance index at the end of week 5 (rounded to two decimal points) indicates that:

For every R1 planned you have accomplished an extra 26c worth of work indicating you are ahead of schedule and very efficient

For every R1 spent you have accomplished an extra 26c worth of work indicating you are behind schedule and very inefficient

For every R1 spent you have accomplished an extra 26c worth of work indicating you are under budget and very efficient

For every R1 planned you have accomplished an extra 26c worth of work indicating you are under budget and inefficient

R1 600 000 behind schedule

3. The Cost Performance index at the end of week 5 (rounded to two decimal points) indicates that:

For every R1 planned you have accomplished an extra 26c worth of work indicating you are ahead of schedule and very efficient

For every R1 spent you have accomplished an extra 26c worth of work indicating you are behind schedule and very inefficient

For every R1 spent you have accomplished an extra 26c worth of work indicating you are under budget and very efficient

For every R1 planned you have accomplished an extra 26c worth of work indicating you are under budget and inefficient

4.The Schedule Variance at the end of week 5 (rounded to two decimal points) suggests that:

The project is R1 200 000 over budget

The project is R1 200 000 ahead of schedule

The project is R1 200 000 under budget

The project is R1 200 000 behind schedule

5. The Schedule Performance index at the end of week 5 (rounded to two decimal points) indicates that:

For every R1 planned you have accomplished 87c worth of work indicating you are behind schedule and inefficient

For every R1 spent you have accomplished 87c worth of work indicating you are over budget and inefficient

For every R1 planned you have accomplished 87c worth of work indicating you are ahead of schedule and very efficient

Task | % Complete EV AC PV CV | SV 1 Finished 2000 1500 2000 2 Finished 2400 2000 2400 3 50% 1500 | 800 2000 4 60% 1500 1500 2200 5 25% 400 400 400 Cumulative Totals