Your project has a Budget at Completion (BAC) of $200,000. If your project is planned to be 40% complete at this stage, what is the Planned Value (PV)?
$80,000
$120,000
$60,000
$100,000
Planned Value (PV) represents the amount of work that should have been completed, based on the project plan. It is calculated using the formula PV = Planned % Complete x Budget at Completion (BAC). Here, PV = 40% x $200,000, which equals $80,000.
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