Complete Exercise 3, in Ch. 13, “Progress and Performance Measurement and Evaluation” of Project Management: The Managerial Process, using Microsoft® Project 2016.Create a network schedule, add the budget planned value (PV) by time period using the data in the exercise, and apply the completion status information to develop a status report for the project at the end of Period 4 and at the end of Period 8.Write a 1-page summary memo of your findings. What information are you prepared to tell the customer about the status of the project at the end of Period 8?Submit your Microsoft® Project file and the memo.

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