Question: Question #1 (20 Points Total): You are managing the construction of your new home. The main activities of the project are listed below, along with

Question #1 (20 Points Total): You are managing

Question #1 (20 Points Total): You are managing the construction of your new home. The main activities of the project are listed below, along with their expected and actual dates and costs. Activity Estimated Cost PLAN Estimated Start Date ACTUAL Estimated Actual Actual Start Completion Cost Date Date 28-Feb-22 $6,000.00 01-Jan-22 31-May-22 $20,000.00 21-Feb-22 08-Jun-22 $18,500.00 16-Jun-22 31-Jul-22 $28,000.00 25-Jun-22 15-Sep-22 30-Nov-22 Actual Completion Date 20-Feb-22 15-Jun-22 24-Jun-22 Design House $6,500.00 01-Jan-22 Prepare Site $12,000.00 01-Mar-22 Lay Foundation $25,000.00 01-Jun-22 Framing $40,000.00 09-Jun-22 Exterior Finishes $35,000.00 01-Aug-22 Interior Finishes $75,000.00 16-Sep-22 a) You are conducting an earned value analysis on July 5, 2022. Using the 50/50 rule, calculate the following information at this point in your project. What is the information telling you about the performance of your project? (8 points) Planned Value Earned Value Actual Costs Cost Variance Schedule Variance Cost Performance Index Schedule Performance Index b) Based on your calculated SPI and CPI, what are some potential contributors to your project performance? (3 points) c) Determine the revised final estimated cost of the house based on your performance to date (4 points). d) If your project is not performing to your expectations, what are your options for getting the project back on track? Give 1-2 specific examples along with each option (5 points)

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