Question 4 (14 Marks) A project was estimated to require 12,000 man-hours calculated at $60.00 per hour. Material costs were estimated as $100,000. The estimated duration was 6 months. The amount of workloadandmaterial consumption for each month was estimated as 10%, 20%, 30%, 20%, 10%, and 10% of the total. At the end of the 3-month, Earned Value Analysis was performed and it was realized that only 40% of the work was completed whereas 55% of the man-hours were spent. Moreover, 60% of the materials were used by the end of the 3rd month. Rework in the 2 month cost an additional $15,000. Calculate the following quantities based on an Earned Value Analysis at the end of the 3'd month. Each part is worth 2 marks. a) Budget at Completion (BAC) b) Budgeted Cost of Work Scheduled (BCWS) c) Budgeted Cost of Work Performed (BCWP) d) Actual Cost of Work Performed (ACWP) e) Schedule Variance (SV) f) Cost Variance (CV) g) Estimate at Completion (EAC)