Question: I want to solve this question A project has a budget of 30000000 AED and schedule for 15 months. It is assumed that the total

I want to solve this question A project has aI want to solve this question

A project has a budget of 30000000 AED and schedule for 15 months. It is assumed that the total budget will be spent equally each month until the 15 th month is reached. After 5 months the project manager finds that only 8% of the work is finished and a total of 4000000 AED spent. Calculate the following: a) Budget at Completion (BAC) BudgetatCompletion(BAC)=AED b) Planned Value (PV) PlannedValue(PV)=AED c) Actual Cost (AC) ActualCost(AC)=AED d) Earned Value (EV) EamedValue(EV)=AED e) Cost Variance (CV) CostVariance(CV)=AED= f) Schedule Variance (SV) ScheduleVariance(SV)=-=AED g) Schedule Performance Index (SPI) SchedulePerformanceIndex(SPI)= h) Cost Performance Index (CPI) CostPerformanceIndex(CPI)=/= i) Estimated at Completion (EAC) EstimatedatCompletion(EAC)=/AED j) Estimated Time to compete Timetocompete=/=Months The project manager must determine how well his project team has performed. Is he ahead of schedule or behind schedule, and is the project team over or under budget. Answer the following: k) The project is considered behind the schedule, is ahead of schedule, or is as per schedule. Because SV is and the project is 1) The project is considered over-budgeted, is under-budgeted, or is as budgeted. Because CV is and the project is

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