You are the program manager managing the construction of a new shopping mall. Five project managers are directly reporting to you. Each project manager assigned a part of the total scope of works to be executed independently. The total duration allowed to complete all works in 24^th months and the total approved budget is 12,000,000

At the end of the first year, you should have completed 57% worth of a work but the project is only 48% complete. Actual costs reported by each project manager for the first year as follow. (3 Marks)

Project Manager 1: $1,000,000

Project Manager 2: $700,000

Project Manager 3: $1,100,000

Project Manager 4: $1,900,000

Project Manager 5: $350,000

Determine the current values for the entire program for each of terms below:

1. Planned Value:
2. Earned Value:
3. Cast Variance:
4. Schedule Variance:
5. Cost Performance Index:
6. Schedule Performance Index:
7. Estimate at completion:
8. Estimate to complete:
9. Variance at Completion: