What can be inferred about the project progress to plan with respect to budget?

Question 1:

Assume that the blue line is the project budget or S-Curve and the red line is the actual project spending. What can be inferred about the project progress to plan with respect to budget? What, if anything, could be determined about the progress to plan with respect to schedule? 400 words

Question 2:

A project manager in your organization announces that the project is under budget. The project manager provides a report that illustrates that the project spending is below that which was planned at this point in the project. On the other hand, the overall progress of the project for this time-period is unclear. What concerns, if any, would you have regarding the project budget status? 400 words

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