You are managing a software project with an initial budget

estimate of $2$ million USD. During interim cost and schedule

performance analysis, you figured out that:

$$ You should have spent $$500,000$ till now based on your initial

plans and $1000$ man$/$day of schedule activities

$$ You spent $$600,000$ till now and completed $1100$ man$/$days of

schedule activities which should have cost

$$450,000$ based on your initial plans.

$$ You re$-$estimated the budget required for the remaining work to

be done as $$1,500,000.$