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You are the new project manager tasked with taking over for a project manager who left six weeks ago. Some of the numbers that you find in your initial research are as follows:
A) Estimated project cost: $675,000
B) Project timeline: 24 weeks
C) This is week 16 and accumulated costs are $300,000.
D) Additionally, only 25% of the work has been completed.
Question 1: What is the cost variance?
Question 2: What is the schedule variance?
Question 3: What will be the estimated cost at completion?
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