The formulae required to answer this question are provided in the table below. Value Description Formula EV Earned Value EV =% completed *original budget CV Cost variance CV = EV-AC SV Schedule Variance SV = EV-PV CPI Cost performance index CPI =EV/AC SPI Schedule performance index SPI =EV/PV EACf Forecasted estimate of completion or forecasted cost at completion (if we continue at the same efficiency on the project) EACf = AC + [(BAC-EV)/CPI] BAC is the total planned value of the project This question relates to the following network diagram and baseline budget table. Question 10 continued over next page Question 10 (continued) Task TBC Month 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 A 15 15 B 5 10 15 20 20 15 10 5 C 40 40 40 40 40 D 25 25 E 30 35 35 30 F 30 30 30 30 30 30 G 50 50 50 50 50 H 25 25 I 50 50 Total Cumulative Table 1: Budget Table (values are in thousands of dollars) Question 10 continued over next page Question 10 (continued) (a)Complete the following table to provide a status report for the project at the end of month 9: (3 marks) End of Month 9 Activity Actual % complete EV (Earned Value) AC (Actual Cost) PV (Planned Value) CV (Cost Variance) SV (Schedule Variance) A 100% 15 B 100% 50 C 100% 140 D 100% 30 E 70% 70 F 60% 80 G 100% 200 H 0% 0 I 0% 0 Cumulative totals Table 2: Status Report (Actual costs are in thousands of dollars)

(b)Based on the results in table 2 discuss the status of this project at the end of month 9. In particular, you must state if the project is ahead of schedule, on schedule or behind schedule and if the project is over cost, under cost or on cost. Be very precise. For example, if it is over or under budget specify the amount. Give the reasons for your assessment. (2 marks)

(c)If you were the project manager for this project, should you have any concerns about this data? If yes, then What are your concerns? What might be the underlying causes for the results? Are there any recommendations you would make? else if no, then explain why not. (2 marks)