Question: Table 1. Table 2, and Table 3 show the budgeted cost, actual cost, and percent complete for project XYZ, respectively. a) Based on cumulative of

Table 1. Table 2, and Table 3 show the budgeted

Table 1. Table 2, and Table 3 show the budgeted

Table 1. Table 2, and Table 3 show the budgeted cost, actual cost, and percent complete for project XYZ, respectively. a) Based on cumulative of budgeted cost (CBC) and cumulative actual cost (CAC) at the end of weck 7 , evaluate the cost status of the project. b) Based on earned value (EV) of the project at the end of week 7 , evaluate the performance of the project. c) Calculate the cost performance index (CPI) and cost variance (CV) for the project. Justify your answer. d) Calculate the forecast cost at completion (FCAC) for this project. e) According to overall performance of the project, suggest approaches to control the cost effectively. Justify your answer. Table 1 Amounts are in thousands of Malaysian Kinggit (MYK) Table 2 Amounts are in thousands of Malaysian Ringgit (MYR) Table 3 Amounts are cumulative percent complete Table 1. Table 2, and Table 3 show the budgeted cost, actual cost, and percent complete for project XYZ, respectively. a) Based on cumulative of budgeted cost (CBC) and cumulative actual cost (CAC) at the end of weck 7 , evaluate the cost status of the project. b) Based on earned value (EV) of the project at the end of week 7 , evaluate the performance of the project. c) Calculate the cost performance index (CPI) and cost variance (CV) for the project. Justify your answer. d) Calculate the forecast cost at completion (FCAC) for this project. e) According to overall performance of the project, suggest approaches to control the cost effectively. Justify your answer. Table 1 Amounts are in thousands of Malaysian Kinggit (MYK) Table 2 Amounts are in thousands of Malaysian Ringgit (MYR) Table 3 Amounts are cumulative percent complete

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