Question: An earned value analysis in a project revealed that the budgeted cost of work performed (BCWP), i.e. earned value (EV) = $256000; budged cost of

An earned value analysis in a project revealed that the budgeted cost of work performed (BCWP), i.e. earned value (EV) = $256000; budged cost of work scheduled (BCWS), i.e. planned value (PV) = $258000; and actual cost of work performed (ACWP) = $226000. Assess the current project status and predict cost performance at completion if the budget at completion (BAC) is $290000. Apprise the status of this project and provide your recommendations to control the project. Also, you are required to provide your recommendation to effectively manage scope creep in this project.

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