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You are the project manager of five (5) stations in a metro project, in five different locations that will be completed in fifty (50) months. Based on the project planning each station takes 10 months to be completed with cost $500,000. You are now in month thirty (30) and you are also given the following site data. 1 % Planed % Performed Cost Activity Station 1 Budget $ 500,000 100% 100% $ 600,000 Station 2 $ 500,000 100% 80% $ 400,000 Station 3 $ 500,000 100% 90% $ 450,000 Station 4 $ 500,000 0% 50% $ 250,000 Station 5 $ 500,000 0% 0% From the information provided calculate the following: 1. What is the Actual Cost? 2. What is the total Budget of the project? 3. What is the planned Value at the end of current month? 4. What is the Earned Value at the end of current month? EV = SUM (Budget x Performed%) PV = SUM (Budget x Planned%)