Question: c) Assume that operations on a Work Package cost RM 8,000 to complete. They were originally scheduled to finish today. At this point, we actually

c) Assume that operations on a Work Package cost

c) Assume that operations on a Work Package cost RM 8,000 to complete. They were originally scheduled to finish today. At this point, we actually spent RM7,500. And we estimate that we have completed two thirds (2/3) of the work. What are the cost and schedule variances? [5 Marks]

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