Question 4 (30 marks) a. As the Project Manager for the EduStream project, it is now time to prepare an update for the weekly planning meeting (Week 8), which is due in about an hour. Unfortunately, your Microsoft Project is off-line, so you will have to conduct the Earned Value Management (EVM) analysis for this part of the project manually. Use the information here to assess the current situation and then answer the questions on the following page. (15 Marks) Activity Predecessor Duration Cost $ Budget Activity (Weeks) (Per Cost (BC) In the cells below, use dark blue to indicate the Precedence Diagramming Method schedule and red to illustrate the percent completed. Week) A $5,500 $11,000 3 $6,400 $19,200 A 2 $7,600 $15,200 D B 5 $6,000 $30,000 E B, C 10 $9,500 $95,000 F C 5 $5,200 $26,000 G B 10 $3,800 $38,000 BAC $234,400 Week 1 2 3 4 5 6 7 8 9 10 12 13 14 15 Progress Report Today (end of Week 8 - Complete this table Cost Implications Schedule Implications Shown by the thick red line) Activity % Complete Incurred Activity AC EV PV CPI CV SPI SV Cost (ACWP) (BCWP) (BCWS) 100% $12,100 A 100% $18,500 B 50% $16, 120 C The CPI, CV, SP! and SV are not required for the 40% $12,750 individual Activities. Only calculate these values for the 70% $51,300 E totals. 40% $18,000 30% 59,700 Total