Question: ISP640 - COMPUTING PROJECT MANAGEMENT QUESTION 2 (20 MARKS) Assume you have to complete project ABC within 6 months. Given the following information as part

 ISP640 - COMPUTING PROJECT MANAGEMENT QUESTION 2 (20 MARKS) Assume you

ISP640 - COMPUTING PROJECT MANAGEMENT QUESTION 2 (20 MARKS) Assume you have to complete project ABC within 6 months. Given the following information as part of the payment received for one particular phase of a project ABC. Planned Value (RM) Actual Cost (RM) Earned Value (RM) Phase 3: Integration Testing Test Integration of all modules identify components that do not meet specifications Modify code Retest integration of modules Verify components meet standards 600.00 300.00 1,400.00 400.00 200.00 600.00 500.00 1,400.00 400.00 200.00 600.00 225.00 700.00 300.00 160.00 Payment 3: 2,900.00 3,100.00 1,985.00 a) Perform the following and explain your results. i. Cost Variance (CV), ii. Schedule Variance (SV), iii. Cost Performance Index (CPI), iv. Schedule Performance Index (SPI) V. Use the schedule performance index (SPI) to estimate the completion time and how much longer it will take to finish this project. (15 marks) b) Based on the report above, do you need a project review and what purpose does it serve

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