Question: b) You are the project manager on a software development project that has the value of RM800,000. There are two teams of programmers that will

b) You are the project manager on a software

b) You are the project manager on a software development project that has the value of RM800,000. There are two teams of programmers that will work for six months for a total of 10,000 hours. According to the project schedule your team should be done with 38% of the work. As of today, the project is 40% complete while 50% budget has been used. i) ii) Calculate the cost variance and Cost performance index. (4 marks) Calculate the schedule variance and schedule performance index. (4 marks) Based on the answers for the question i) and ii), explain the status of the project. (2 marks) iii)

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