Question: (b) Given an activity in a medical device development project whose planned cost was 12,000 but actual cost to date is 10,000 so far. The

(b) Given an activity in a medical device

(b) Given an activity in a medical device development project whose planned cost was 12,000 but actual cost to date is 10,000 so far. The activity is 70% completed thus far. Calculate the following: Cost variance (CV) Schedule variance (SV) Cost Performance Index (CPI) Schedule Performance Index (SPI) Comment on your results and the actions you would take

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