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Project manager reviews the schedule, cost reports and daily reports for progress. She notices that progress is at a Productivity rate of 0.96, with costs for the planned value of the work at 117%. This is the second reporting period in which these factors; Productivity rate less than 1.0 and costs greater than 100%. Explain what she sees in the data and what can be expected going forward if no action is taken.
Please do questions 1-5 and type your answers under the question. 1.Explain the difference between Planned Value and Earned Value as it related to…