Question 4: You are the Program Manager managing the construction of a new airport. Five project managers are directly reporting to you. Each project manager is assigned a part of the total scope of works to be executed independently. The total duration allowed to complete all works is 24 months and the total approved budget is $10,000,000. At the end of the first year, you should have completed $6,000,000 worth of work but the project is only 50% complete. Actual costs reported by each project manager for the first year are: Project manager 1: $200,000 Project manager 2: $1,200,000 Project manager 3: $1,800,000 Project manager 4: $500,000 Project manager 5: $900,000. Determine the current values for the entire program for each of the terms below: 1. Budget At Completion, 2. Planned Value 3. Earned Value 4. Actual Cost 5. Cost Variance 6. Schedule Variance 7. Cost Performance Index 8. Schedule Performance Index 9. Estimate At Completion