Short Answer/Problem Solving Answer the following questions (10 points) a) How would you distinguish between three-point estimates and analogous estimates? - 2 points b) Assume you are managing a project that has a schedule goal of 18 months. The total budget for the project is $180,000.00. Three months have passed, and you need to perform an earned value analysis to see how the project is doing. A closer review reveals that 40% of the of the work has been completed and 35% of the total budget has been spent. Based on the given information, calculate/answer the following: Using schedule performance index (SPI), can you tell if the project is ahead or behind schedule and how? What is the SPI (Schedule Performance Index) for the given project? How is SPI different from CPI (Cost Performance Index) for the project? - 4 points o Using cost performance index (CPI), can you tell if the project is over budget or under budget and how? What is the estimate at completion (EAC) for the project? What is the ETC (Estimated to Complete) for the project? - 4 points