Define the control process and describe the control steps. Be sure to expand on the description of Baseline Plan and Measuring the Progress and Performance using an Earned Value (EV) system.Describe Cost Variance and Schedule Variance. Then, assume that your project is at the half-way point, time-wise. Assuming that you have your baseline budget (PV) in hand, imagine or make up the Actual Cost (AC), and based on the available information, assess the project status with regard to cost and schedule.Explain the project closure process, and describe the major considerations for closing your project, smoothly.