Earned Value Management
Your project is expected to run for three consecutive years. Your organization is introducing earned value management as part of the planning and managing of this project. The project budget 100.000 $. The budget is consistent across the three years. You are exactly 18 months into the project. 30 % of the total budget has been spent and 40 % of the work is complete. Your project is:
a) Ahead of schedule and over budget.
b) Ahead of schedule and under budget.
c) Behind schedule and over budget.
d) Behind schedule and under budget.