Assignment 5. Exercise on EVM The project plan is presented in table below. The project started on 21 July 2015 and was reviewed after 25 days and progress on each task is also provided in the table. Duration Dependency (days) (Task Id) Task Id Task Project Progress 1 Quality Assurance Plan 5 completed 2 GameForge Requirements 15 completed 3 Prototype GUI requirements 5 1 60% completed 4 Prototype Engine requirements 10 1,2 50% completed 5 Prototype GUI Design 15 3,4 Not yet started 6 Interface Database 20 4 Not yet started 7 Prototype Engine Design 25 4 Not yet started 8 Prototype and Develop System 5 6,7 Not yet started 9 Testing 12 5,8 Not yet started 10 Documentation 7 9 Not yet started The budgeted cost of the project is K5,000 per day and actual cost spent by the project at the time of review is K110,000. At the time of review: a) Find the planned value of this project b) Find the earned value of this project c) Find the schedule variance and cost variance of this project. d) Indicate your conclusion from these values whether this project is on schedule or not and whether the project in terms of cost whether its overrun on costs or not