2. A project consists of three tasks. Task A is scheduled to begin at the start of Week 1 and finish at the end of Week 2. Task B is scheduled to begin at the start of Week 1 and finish at the end of Week 1. Task C is scheduled to start at the start of Week 2 and end at the end of Week 2. The budgeted cost for Task A is $3000, for Task B is $1000, and for Task C is $500. At the end of the first week Task A is 45% complete, Task B is 100% complete, and Task C is 10% complete. Calculate the Schedule Performance Index (SPI) & Cost Performance Index (CPI) for the project at the end of the first week. The ACWP at the end of the first week is $2350. Based on your calculated indices, state if the project is on schedule and on budget. (30 points) Use the following Formulas: SPI = BCWP/BCWS CPI = BCWPIACWP BCWP - Budgeted Cost of the Work Performed BCWS - Budgeted Cost of the Work Scheduled ACWP - Actual Cost of the Work Performed . . 2. A project consists of three tasks. Task A is scheduled to begin at the start of Week 1 and finish at the end of Week 2. Task B is scheduled to begin at the start of Week 1 and finish at the end of Week 1. Task C is scheduled to start at the start of Week 2 and end at the end of Week 2. The budgeted cost for Task A is $3000, for Task B is $1000, and for Task C is $500. At the end of the first week Task A is 45% complete, Task B is 100% complete, and Task C is 10% complete. Calculate the Schedule Performance Index (SPI) & Cost Performance Index (CPI) for the project at the end of the first week. The ACWP at the end of the first week is $2350. Based on your calculated indices, state if the project is on schedule and on budget. (30 points) Use the following Formulas: SPI = BCWP/BCWS CPI = BCWPIACWP BCWP - Budgeted Cost of the Work Performed BCWS - Budgeted Cost of the Work Scheduled ACWP - Actual Cost of the Work Performed