A project manager notices that the actual cost (AC) of a software project is $80,000, the planned value (PV) is $100,000, and the earned value (EV) is $75,000 after 3 months. Based on Earned Value Management (EVM), what is the project's status?

Question

Answer

The project is over budget and behind schedule

Answer

The project is under budget and ahead of schedule

Answer

The project is over budget but ahead of schedule

Answer

The project is under budget but behind schedule

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A project manager notices that the actual cost (AC) of a software project is $80...

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