Vertical software is software written using specific packages but designed especially for one company (or type of company). VSI (Vertical Software, Inc.) specializes in writing database programs for...

Vertical software is software written using specific packages but designed especially for one company (or type of company). VSI (Vertical Software, Inc.) specializes in writing database programs for various industries. Recently, it signed a contract with the Rhode Island Basketball Officials Association to write an assigning and database system. The software takes the rankings of the officials (Levels 1, 2, 3, 4, and 5), each official’s availability, and the level of the official required for each game, and randomly assigns the appropriate officials to each game. The database of assignments must be accessible by date, level, school, and official.

 Although the association is paying VSI for the program, VSI retains the right to market the product nationwide after development. The table for problem 35 is a simplified budget for the project.

After 50 days, VSI finds itself in the following position:

Is this project currently experiencing a cost overrun or underrun? Is it on target to be completed in its expected completion time? Should any corrective action be taken?