Question 15 (1 point) Project ICECOLDDRINKS: AC is $1500, EV is $1200, PV is $ 1600. Select the correct Statement about this project. a) ICECOLDDRINKS Schedule variance is positive O b) ICECOLDDRINKS CPI = $300 O c) Schedule variance is +$400 d) ICECOLDDRINKS CPI and SPL are greater than 1 e) ICECOLDDRINKS cost variance is not favourable Question 16 (1 point) Monica is the Project Manger of the OPS PROJECT. She has to make a choice when "crashing" the OPS's schedule. She has to make decision to trade-off schedule vs cost as is often the case in most projects. Where should Judth invest her Project dollars a) Crash a late, risky critical path task b) Crash the longest critical path lask. c) Crash the first critical path task in the project. d) Crash a critical path task with the greatest schedule saving for that dollar Question 12 (1 point) You had planned to spend $1,000 per week on materials and installation for a four week fencing project. Half of the budget was for the materials, and they are now all purchased and on site. You have spent a total $3,200 to the end of the second week. You had expected to build 200 of the total 400 linear leet of lence by now, but you have actually built 220 feel. What can you conclude about the status of the project? A) Ahead of schedule, over budget B) Ahead of schedule, under budget C) Behind schedule, under budget D) Behind schedule, over budget