At a halfway schedule point in project execution, Budgeted Cost of Work Performed (BCWP) is $8 million and Actual Cost of Work of Work Performed (ACWP) is $12 Million. The Cost Performance Index (CPI) is __________ and the heath of project budget at this point is ______________________ (compete). Explain

A project is of 18 months. It was evaluated at the end of 3rd month. The following figures were collected: Earned Value = $1.2 million Actual Cost = $1.05 million Planned value = $1.1 million Schedule Variance (SV) is _________________and Cost Variance (CV) is _______________ What do each of these variances mean? (Complete below): SV ___________________________________________________________________________ CV___________________________________________________________________________ Is the project healthy? Why or why not? _____________________________________________