CAPM Practice Question

During a project review, you find that the Earned Value (EV) is $60,000 and the Actual Cost (AC) is $70,000. What is the project's cost performance status?

  • The project is ahead of schedule by $10,000

  • The project is under budget by $10,000

  • The project is over budget by $10,000

  • The project is behind schedule by $10,000

CAPM
Predictive, Plan-Based Methodologies
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