Question: Please explain how to do A project is started in January with the total budget estimate at the beginning of a project equal to $70,000.

Please explain how to do Please explain how to do A project is started in

A project is started in January with the total budget estimate at the beginning of a project equal to $70,000. The following figure shows the S-curve of cumulative costs, against time of their occurrence for this project. Based on this curve, answer the following questions: a) Will the project be finish on time? If not, what is the projected completion time? b) Is the project over or under budget at the status date? c) Calculate the schedule variance. d) At the status date, is the project behind or ahead of schedule and by how much? Submit the figure with your added notes (for clarification)

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