Please do question 2

outside the critical path. d) What is the probability of completing the project in 53 days? What is the probability of completing this project in 48 days? Question 2 The total budgeted cost (PV) for each of the 15 work packages that make up a project is shown in the table below. The percentage of work actually completed for each work package, as well as the cumulative PV and actual cost (AC) for each work package, at a particular review point, are also provided in the table. a) Compute the schedule variance (SV), cost variance (CV), schedule-performance index (SPI) and costperformance index (CPI) for this work package. b) Compute the 'estimate at completion' using two of the three formulae introduced in the subject. Succinctly state any conditions (or the rationale) underpinning each of the two formulae used. c) Identify two practical situations in which each of the above formulae would be preferred