Project Management Professional Practice Question

A project manager is reviewing the performance of a critical work package. The earned value data shows a Planned Value (PV) of $25,000, an Earned Value (EV) of $22,000, and an Actual Cost (AC) of $24,000. Which statement accurately describes the work package's current status?

  • The work package is over budget and behind schedule.

  • The work package is under budget and ahead of schedule.

  • The work package is under budget and behind schedule.

  • The work package is over budget and ahead of schedule.

Project Management Professional
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