Consider the below hypothetical project and answer the following multiple$-$choice questions $($i$.$e$.,4\mathrm{.}1-4\mathrm{.}4).$ You need to choose the correct answer, there is only one correct answer. You must write your chosen answer in the Answer Booklet.

Hypothetical project:

It is planned to establish Small and medium$-$sized enterprise $($SME$)$ to produce spare parts in South Yorkshire. The overall work breaks down structure consists of the following sub$-$projects, which are:

Sub$-$Project $1$ is designing the factory.

Sub$-$Project $2$ is the main construction operation of the factory.

Sub$-$Project $3$ is machines purchasing.

And Sub$-$Project $4$ is the installation and commissioning of machines in the factory.

The project manager has assigned an independent manager for all projects and a comprehensive and detailed project schedule has been prepared and based on it$,$ progress charts of each project have been identified. Table $3$ shows the total budget and time $($Baseline$)$ required for each sub$-$project and the whole project.

Table $3$: Baseline plan for the completion of Sub$-$Project and the whole Project $($the figures are assumptions$)$

$\backslash$table$[[$Sub$-$Project,$\backslash$table$[[$Sub$-$Project$],[1]],\backslash$table$[[$Sub$-],[$Project $3]],\backslash$table$[[$Sub$-],[$Project $4]],\backslash$table$[[$Whole$],[$Project$]],],[\backslash$table$[[$Budget at$],[$Completion$],[($BAC$)($f$)]],10000,150000,200000,20000,380000],[\backslash$table$[[$Schedule at$],[$Completion$],[$ SAC$)($month$)]],10,25,8,10,25]]$

About $18$ months have passed since the start of the project. The main stakeholders $($i$.$e$.,$ Investors$)$ want to know what the performance of each "Sub$-$Frojects" and the Whole Project" has been and what the forecasts will be$.$ Hence, you as a senior Project Analyst are assigned to this task. Sased on the actual information obtained from the project financial and physical reporting system, you have extracted and aggregated the actual values on this date $($month $18)$ for each project in Table $4.$

Table $4$: aggregated values corresponding to actual values $($f$)$ at the assessment date $($month $18)$

$\backslash$table$[[,\backslash$table$[[$Sub$-],[$Project $1]],\backslash$table$[[$Sub$-],[$Prolect $2]],\backslash$table$[[$Sub$-],[$Project $3]],\backslash$table$[[$Sub$-],[$Project $4]],\backslash$table$[[$Whole$],[$Project$]]],[\backslash$table$[[$Planned value$],[(PV)$