Question 6 (5 marks) Table 3 shows the project costs (in thousand dollars) and other details of the construction project Table 3: Project costs (in thousand dollars) Duration (in months) 10 15 20 25 30 % Activity Plan 5 Complete 100% A 1,500 2,000 B 100% 85% D 1,500 3,850 6,000 4,100 8,700 4,150 7,350 70% E 75% F 1,850 2,500 3,500 1,800 2,300 2,350 2,500 3,850 1,800 2,350 3,200 4,150 6,150 9,950 4,850 7,050 4,150 9,650 19,600 24,450 31,500 35,650 5,800 15,350 9,150 5,800 3,500 9,600 24,950 34,100 39,900 43,400 60% G 65% Plan 3,500 Cum. Plan 3,500 Actual 3,800 Cum. Actual 3,800 Required: (i) Given the current status of the project, calculate the earned value of the project. (1 mark) (ii) Calculate the schedule performance index (SPI) of the project and explain what it tells about the current status of the project. (iii) Calculate the cost performance index (CPI) of the project and explain what it tells about the current status of the project. (1 mark) (iv) Calculate the estimated time to completion and explain what it tells about the current status of the project. (1 mark) (v) Calculate the estimated cost to completion and explain what it tells about the current status of the project. (1 mark)