CAPM Practice Question
A project has a planned value (PV) of $200,000 and an earned value (EV) of $180,000. Based on these values, which of the following best describes the project's schedule performance?
The project is behind schedule by $20,000
The project is ahead of schedule by $20,000
The project is behind schedule by $380,000
The project is ahead of schedule by $180,000