Your project team is constructing 6 additional rooms on an office building. Each of the rooms is identical. The projected cost (and budget at completion) for the project is $100,000, and construction is expected to take 5 weeks. At the end of the 2nd week, your team has spent $17,500 per room and has finished 2 rooms. You are ready to begin working on the 3rd room. a. (24 points) Based on the information provided above, fill in the values and the Calculations for the table below (1 point per value * 24 Values = 24 points) Value Calculations Parameter Budgeted at Completion (BAC) i. ii. Planned Value (PV) iii. Earned Value (EV) iv. Actual Cost (AC) V. Cost Variance (CV) vi. Schedule Variance (SV) vii. Cost Performance Index (CPI) viii. Schedule Performance Index (SPI) ix. Estimate at Completion (EAC) x. Estimate to Complete (ETC) Variance at Completion (VAC) xii. To-Complete Performance Index [TCPI (EAC) Question 1 (36 points): continued b. (4 points) Is the project ahead of or behind schedule? Mark (with an "V") only one of the choices shown below. (2 points for the correct schedule choice below + 2 points for the correct explanation = 4 points) Ahead of schedule Behind schedule Neither Explain the schedule status that you selected above: Explanation for project Schedule status c. (4 points) Is the project going to be completed over or under budget? Mark (with an V) only one of the choices shown below. (2 points for correct budget choice + 2 points for the correct explanation = 4 points) Over budget Under budget Neither Explain the budget status that you selected above: Explanation for project budget status d. (4 points) At the current cost and schedule efficiency, calculate the anticipated Estimate to Complete (ETC) at the end of 3 weeks. (2 points for correct ETC value + 2 point for the correct calculations = 4 points) Anticipated ETC at the end of 3 weeks Calculations