Question: Dears Please support with this, I tried to solve but got stuck. Objective: This assignment is intended to develop earned value management skills. It is

Dears Please support with this, I tried to solve but got stuck.

Dears Please support with this, I tried to solve but got stuck.

Objective: This assignment is intended to develop earned value management skills. It is an individual assignment, and NO collaboration, or assistance of any kind will be accepted Description Assume that an activity was planned to be completed in 12 weeks, with a budget of $120,000. phased over the 12 weeks ($10,000 per week), with 25% of the work to be completed each 3 weeks. At the end of the first 3 weeks, the activity was 20% completed. The following is additional information related to this activity: Planned value (PV): $10,000 (each week) Actual cost (AC): $36,000 (at the end of the third week) Budget at Completion (BAC) $120,000_(for the whole activity) Original (approved) Time Estimate (OTE): 12 weeks (for the whole activity) Required--Compute and answer the following (show all your calculations): a) Rate of Performance (RP) b) Earned value (EV) c) i) Cost variance (CV) ii) Schedule variance (SV) iii) Cost performance index (CPI) iv) Schedule performance index (SPI) 1) Estimate At Completion (EAC) e) Estimated cost To Complete (ETC) f) Estimated Time at completion/Finish (ETF) g) How is the package progressing (be specific, indicating the underlined keyword)? i) Is it ahead of schedule or behind schedule? Why do you think so? ii ) Is it under budget or over budget? Why do you think so? Note: . Identify each answer component/part with its letter code (e.g. (a) or ( ii))

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