Question: You have a project worth $ 4 0 0 , 0 0 0 . Four months have passed and $ 2 0 0 , 0

You have a project worth $400,000. Four months have passed and $200,000 has been spent. Upon closer review, you find that only 30% of the work is completed; however, as per the schedule, 40% of the work should have been completed. Determine the Schedule Performance Index (SPI) and CPI. Comment on the project performance.

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