When looking at the life of a project plan it is useful to graph and outline the cost variance (CV) and schedule variance (SV). Determining progress or lack of progress provides essential information to assess a given project.Complete exercise 2 in chapter 13 of the textbook. Given the data provided in an excel spreadsheet PowerPoint or other appropriate method of delivery determine the following:Schedule Variance (SV)Cost Variance (CV)Schedule Performance Index (SPI)Cost Performance Index (CPI)In 250-300 words answer the questions provided with the exercise. Reflect on the assessment of this project assessment. Should the project continue to improve?