Question: NOTE: Please provide typed Answer Question No. 02. [08 Marks) A large Textile Industry in Karachi, wants to move on to the Digital Transformation Path

NOTE: Please provide typed Answer
Question No. 02. [08 Marks) A large Textile Industry in Karachi, wants to move on to the Digital Transformation Path and selected to implement Cloud Based Oracle Enterprise Business Suite (EBS) at its premises. The total budget kept for the project is PKR 55 Million. This includes licenses fee and Implementation Cost and high speed Internet Bandwidth Setup. Your company is hired to get this project completed within 7 months' timelines. At the end of 4th month, you have completed 39 percent of the project at a total expense of PKR 30.78 Million. You, as a Project Manager, needs to submit the monthly performance report to the Project Steering Committee. Based on EVM methodology, please identify the current progress of the Project. a) Find Budget at Completion (BAC), Actual Cost(AC). Planned Value (PV) and Earned Value (EV). b) Calculate the Project Health by finding values of Schedule Variance (SV). Schedule Performance Index (SPI), Cost Variance (CV) and Cost Performance Index (CPI). What these value shows? c) If the project continues at the current pace, what will be the true cost of the Project or Estimate at completion of the projectStep by Step Solution
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