QUESTION 1 Using earned value analysis, what is the schedule variance and status of the project using the following known information: PV = $2,200 EV = $2,000 AC = $2,500 BAC = $10,000 O a..$200 and the project is behind schedule. b. +200 and the project is ahead of schedule. C. -$300 and the project is ahead of schedule. O d. +$8,000 and the project is exactly on schedule. QUESTION 2 What is the CPI for this project and what does it tell us about cost performance thus far using the following known information: PV = $2,200 EV = $2,000 AC = $2,500 BAC = $10,000 a. 20; actual costs are exactly as planned, b. 80; actual costs have exceeded planned costs. G. BO: actual costs are less than planned costs. d. 1.25; actual costs have exceeded planned costs