Question 6 [17] For a Data Privacy Project (POPI Act) at a large company of which you are the project manager, you must control the cost of the project. Phase 1 will take six months to complete, and you are three months into it. The control units represent working hours. The partial structure of Phase 1 is as follows: POPI Act Compliance Project - PHASE 1 A: Record Data Sets B: Policies and Staff B1: Policies and procedures B2: Staff awareness training For A and B (B1 and B2), which are sub-accounts of the Phase 1 account, you have the following information: Project Sub- Account BCAC ACWP BQAC AQWP Percentage complete (%) BCWS A 50% B1 B2 55,00 100,00 50,00 48,00 120,00 12,00 50,00 45,00 56,00 35,00 40,00 30,00 75% 35% 55,00 32,50 33,50 (3) Calculate the following values, rounding to 2 decimals: 6.1. Cost Variance (CV) A - CV = ? B1 - CV = ? B2 - CV = ? 6.2. (3) Schedule Variance (SV) A - SV = ? = ? B1 - SV = ? B2 - SV = ? (3) 6.3. Schedule Performance Index (SPI) A - SPI = ? B1 - SPI = ? B2 - SPI = ? 6.4. (4) Forecasted cost at completion (FCAC) for each account (method 1) A - FCAC = ? B1 - FCAC = ? B2 - FCAC = ? Method 1 total forecasted cost at completion of Phase 1 = ? 6.5. (4) Forecasted cost at completion (FCAC) for each account (method 2) A - FCAC = ? B1 - FCAC=? B2 - FCAC=? Method 2 total forecasted cost at completion of Phase 1 = ? Question 7 [6] You are the senior project manager for Star Trek Enterprises, Inc., a large game developing company in Gauteng. The company has recently won a big tender to develop gaming software for Microsoft located in Redmond, Washington, USA. This tender necessitates that Star Trek Enterprises employ additional project managers, some of whom are junior and without much experience. Explain to the new employees six ways to develop the competence necessary to be an effective project manager