(b) You are running a construction project with a total budget of 20,000 direct labour hours. Progress reports indicate that 12,500 hours have been recorded to date and that 12,502 hours of progress have been achieved. Most of the civil engineering works have recently been completed and a large proportion of the remaining work consists of electrical and piping installations that have both recently started. Of 2,800 hours planned for electrical works, 420 hours of progress has been measured at a cost of 500 direct hours recorded. Of the 4 200 hours planned for piping works, 600 hours of progress has been recorded at a cost of 720 direct hours recorded. Provide an assessment of the current state of the project and any actions that should be taken. (15 marks)