QUESTION 3

1. A certain project has 11 activities, a budget to completion of $361K, and an anticipated duration of 12 months.

   The budgeted schedule for this project and the earned value, in $1,000, as follow:

   Activity	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug - ...	Total Planned	Earned Value
   TOTAL MONTHLY PLAN	15	23	36	40	56	21	66	?	361	206
   CUMULATIVE PLAN
   MONTHLY ACTUAL	16	21	33	47	60	54
   CUMULATIVE ACTUAL

   At the end of June, the estimated Time to completion, in months, is:

   (i.e. the estimated number of months to complete the project from beginning to end as a decimal number; e.g. 3.76 months)