Practice Exercise B The budgeted cost at completion for a certain project is $250,000. To date, the budgeted cost of work scheduled (Planned Value) is $45,000, and the following work packages of the project have been completed or are in process: R t d P t Work Package Work Pkg. Budget 8"\" e me\" A $15,000 11,000 Actual Costs to Date B C 14,000 D 20,000 For practice, answer these questions: 1. Assuming that the technical/performance targets were achieved for work packages A and B, how is the project doing? 2. Assuming that the original schedule called for the project to be completed within seven months and that performance for the remainder of the project is similar to performance to date, what is the estimated total cost at completion? What is the estimated completion date