Question: Information for Q2: Tribune is a platform development project that is planned to be completed in 20 months time. The project man met with the

 Information for Q2: Tribune is a platform development project that is
planned to be completed in 20 months time. The project man met

Information for Q2: Tribune is a platform development project that is planned to be completed in 20 months time. The project man met with the sponsor at the beginning of August and discussed the details of the project. They decided to start the project on October 1st, 2011 However, due to some unforeseen delays, it officially started three months later. The sponsor allotted a budget of 200,000 for this project and its total budget was decided to be spent equally each month until the project's completion. However, the project manager was not confident in that budget and advised increasing it by 20%. After several meetings and negotiations, the sponsor only approved a 15% increment to the originally allotted budget. After 4 months, the project manager finds that only 12% of the work is finished and a total of BD6,000 was spent Given the above information answer the following questions from 024a) to Q2-4e): Question 10 4 Points Q2-(a) Calculate the planned and earned values for this project. (Show your calculations) use the editor to format your answer Use the editor to format your answer Question 11 4 Points Q2-b) What are the cost and schedule variances for the project? (Show your calculations) Use the editor to format your answer 111 minutes remaining

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