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Roger was asked by his PMO Supervisor to take over a project which had the following earned value calculated data. Is Roger being given a well managed project on budget and on schedule? EV=$165,000, AC=$125,000, and PV=$110,000.
Based on data, CV is Negative and SV is Positive. The project was given to him on or over budget and on or ahead of schedule.
Based on data, CV is Positive and SV is Positive. The project was given to him on or under budget and on or ahead of schedule.
Based on data, CV is Positive and SV is Negative. The project was given to him on or under budget but behind in schedule.
None of the Above
Let's first look at the formulas: CV=EV-AC and SV=EV-PV. CV=$165,000-$125,000 =+$40,000 and SV=$165,000 -$110,000=$45,000. Both indictors are positive and indicate he was given a well managed project on or ahead of schedule and budget.
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