(a) What is the planned value of the entire project? [1 mark] (b) The project manager has managed to keep cost to what was originally budgeted above. At this point, the project has completed Task 4. Up to this point, i. What is the planned value of the project? ii. What is the actual cost (AC) of the project? Briefly explain how you derive the actual cost. iii. What is the rate of performance (RP) for each task? Using the RPs obtained, calculate the earned value (EV), schedule variance (SV), Cost Performance Index (CPI), and Schedule Performance Index (SPI) of the project. [1 + 1 + 1 marks] (c) Unfortunately, two trades resigned after Task 5 was completed and this caused the remaining tasks to exceed its original cost and schedule by 20%, 35%, 40% respectively. At the end the project, i. What are the CPI and SPI? ii. How is the performance with respect to cost and time? iii. Represent the Planned value (PV), Earned value (EV) and Actual value (AV) as a chart. **** Example only **** [1 + 1 + 4 marks] Note : SIT764 students will be marked independently of the SIT374 students based on a different assessment criteria. Ensure you detail your explanations and present your work as though you were reporting to management.