Question: QUESTION 2 # $400 4096 A B 2 2 4 A new product development project has elapsed four weeks. it means that the status period

QUESTION 2 # $400 4096 A B 2 2 4 A new product development project has elapsed four weeks. it means that the status period is end of Week 4. The monitoring team has reported the project updates as aven in the following table. Actual costs are only recorded at completion of a task Table 1 - Update progress (PV and EV Rule time proportionality) Planned Activity Duration Budgeted % Work Money Predecessors (weeks) cost Completed Spent (AC) $500 80% $2,000 $1,000 C AB $500 D 2. $750 C $250 a. Prepare a weekly Plannd Value (PV) and Earned Value (EV) table for all project tasks. (10 pts) b. Calculate SPI. CPI at end of Week 4 (Show your calculations) (10 pts) Is the project on target by end of Week 4? (5 pts) Note: attach your hand-written response file which shows your calculations. Attached file must be in pdf. 2 E

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