Answer these 3 questions based on data given on chart and solve for it. Explain WHY and HOW in detail. Answer based on scope, time and cost.

Alpha develops an IT solution for a company having inventory management issues. Alpha estimates a 12-week timeline for successfully deliver the solution. At the end of the 7th week the project manager receives project status report (see excel attachment). 1. At the end of week 7, is the project performing according to the plan? How do you know this? (Answer using project performance metrics) 2. How much longer will the project manager need to complete the project? (Provide answer in weeks) 3. How much additional cost will the project manager need to complete the project? Use Exhibit below for weekly Actual Cost and Earned Value, Project Performance Metrics Budgeted Cost of Work Actual Cost (AC) of Work Performed Cumulative Actual Cost (AC) Earned Value Alpha develops an IT solution for a company having inventory management issues. Alpha estimates a 12-week timeline for successfully deliver the solution. At the end of the 7th week the project manager receives project status report (see excel attachment). 1. At the end of week 7, is the project performing according to the plan? How do you know this? (Answer using project performance metrics) 2. How much longer will the project manager need to complete the project? (Provide answer in weeks) 3. How much additional cost will the project manager need to complete the project? Use Exhibit below for weekly Actual Cost and Earned Value, Project Performance Metrics Budgeted Cost of Work Actual Cost (AC) of Work Performed Cumulative Actual Cost (AC) Earned Value