Question: When you answer the questions, please do not just provide numbers (results). Please also include formulas. Suppose you planned to finish a project in one

When you answer the questions, please do not just

When you answer the questions, please do not just provide numbers (results). Please also include formulas. Suppose you planned to finish a project in one year and a half (18 months). The project consists of 100 tasks and each task is supposed to cost $10,000 (so budget at completion is 100*10,000= $1 million). Tasks are balanced (e.g., 9 months after the project started you should have finished (9 months/18 months)*100=50 tasks). 6 months after the project started, 30 tasks are actually finished at a total cost of $200,000. In the Word document, answer the following questions. For calculations, you need to put down the formula used. 1) Calculate PV, EV, and AC. 2) Calculate CV and CPI. Based on calculations above, answer two questions: Is the project under budget or over budget? Is the project behind schedule or ahead of schedule? 3) Calculate EAC (estimated cost at completion) and ETC (estimated remaining cost at completion) 4) Estimate how many extra months are needed to finish the whole project

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