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Which of the following about EV(Earned value) is NOT true?
If earned value is less than planned value, it means the project is ahead.
If earned value is less than planned value, it means the project is behind. Earned value is often used to calculate the percent complete of a project. Project managers need to monitor earned value both incrementally and cumulatively.
PMBOK Pg 218, 7.4.2.1 Earned value management.
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